(Note: Express your answers as decimal fractions rounded to 4 decimal places (if they have more than 4 decimal places).) Find the vector W of stable probabilities for the Markov chain whose transition matrix appears below: 0.3 0.7 P = 0.5 0.5 W =

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.5: Markov Chain
Problem 47E: Explain how you can determine the steady state matrix X of an absorbing Markov chain by inspection.
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(Note: Express your answers as decimal fractions rounded to 4 decimal places (if they have more than 4 decimal places).)
Find the vector W of stable probabilities for the Markov chain whose transition matrix appears below:
0.3
0.7
P =
0.5 0.5
W =
Transcribed Image Text:(Note: Express your answers as decimal fractions rounded to 4 decimal places (if they have more than 4 decimal places).) Find the vector W of stable probabilities for the Markov chain whose transition matrix appears below: 0.3 0.7 P = 0.5 0.5 W =
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