Which of the following best describes the long-run probabilities of a Markov chain {Xn: n = 0, 1, 2, ...]? O the probabilities of eventually returning to a state having previously been in that state O the fraction of time the states are repeated on the next step O the fraction of the time being in the various states in the long run the probabilities of starting in the various states
Which of the following best describes the long-run probabilities of a Markov chain {Xn: n = 0, 1, 2, ...]? O the probabilities of eventually returning to a state having previously been in that state O the fraction of time the states are repeated on the next step O the fraction of the time being in the various states in the long run the probabilities of starting in the various states
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter3: Matrices
Section3.7: Applications
Problem 18EQ
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