In this question you will find the steady-state probability distribution for the regular transistion matrix below with 3 states A, B, and C. A B A 0.4 0.4 0.2 0.5 0.0 0.5 0.1 0.8 0.1 Give the following answers as fractions OR as decimals correct to at least 5 decimal places. What is the long term probability of being in state A? What is the long term probability of being in state B? What is the long term probability of being in state C?

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.5: Markov Chain
Problem 55E
icon
Related questions
Question
100%
In this question you will find the steady-state probability distribution for the regular transistion matrix below with 3 states A, B, and C.
A
В с
0.4 0.4 0.2
A
В
0.5 0.0 0.5
0.1 0.8 0.1
Give the following answers as fractions OR as decimals correct to at least 5 decimal places.
What is the long term probability of being in state A?
What is the long term probability of being in state B?
What is the long term probability of being in state C?
Transcribed Image Text:In this question you will find the steady-state probability distribution for the regular transistion matrix below with 3 states A, B, and C. A В с 0.4 0.4 0.2 A В 0.5 0.0 0.5 0.1 0.8 0.1 Give the following answers as fractions OR as decimals correct to at least 5 decimal places. What is the long term probability of being in state A? What is the long term probability of being in state B? What is the long term probability of being in state C?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Markov Processes and Markov chain
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Elementary Linear Algebra (MindTap Course List)
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning