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Find the steady-state
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- Use the attached transition diagram to answer the following questions: a. State the transition matrix T and calculate T2 b. i) What percentage of this week's fully fit hockey team players are expected to be fully fit next week? ii) What percentage of the hockey team players that are getting treatment this week are expected to fully fit in two weeks' time?In the machine-repair model, assume that there are 2 repairman (each working at the same rate) and 3 machines. (a) Draw a rate diagram and determine the steady-state distribution if ! = 4 and µ = 8 . (b) Evaluate the expected total cost per hour if each repairman costs $10 per hour and broken machines cost $5 per hourFind the first three powers of each of the transition matrix. For each transition matrix, find the probability that state 1 changes to state 2 after three repetition of the experiment. a) C= 0.5 0.5 0.72 0.28 b) E = 0.8 0.1 0.1 0.3 0.6 0.1 0 1 0
- You are given a transition matrix P. Find the steady-state distribution vector. P = 0.6 0.4 0 0 1 0 0 0.1 0.9Consider an MA(2) model: STEPS -Write the equation of the M(2) model-Determine the model based on the delay operator.- Find the expected value of the model- Find the variance of the model.- Find the covariances associated with 1,2, and s steps.- Find the associated correlation indices of 1,2, and s steps.- Assume that information is available up to time $h$ and the function that contains the accumulated information f(h, h-1,……), determine the forecasts and the error associated with 1,2, and s steps.Given the following matrix of transition probabilities, find the equilibrium states. (Please see attached image I need an answer with with explanation/workbook) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
- Use a software program or a graphing utility to find the transition matrix from B to B′.B = {(−2, 1), (3, 2)}, B′ = {(1, 2), (−1, 0)}Draw a scatter diagram for the data and determine by inspection if there exists an approximate linear relationship between Y and X. Approximately draw a straight-line between the plotted values. State the general relationship between Y and disposable X in1.exact linear form 2. stochastic form.