2. Consider a Markov chain with transition matrix 1 a а P = 1 – 6 C 1. where 0 < a, b, c < 1. Find the stationary distribution.

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Consider a Markov chain with transition matrix, where 0 < a, b, c < 1. Find the stationary distribution.

2. Consider a Markov chain with transition matrix
1
a
P =
0
1 – b
C
1 - c
where 0 < a, b, c < 1. Find the stationary distribution.
C
Transcribed Image Text:2. Consider a Markov chain with transition matrix 1 a P = 0 1 – b C 1 - c where 0 < a, b, c < 1. Find the stationary distribution. C
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