2. Using the Markov chain algorithm find the probability for the company to break even for the first and second years if ("1" corresponds to a profitable year, "2"- to a break even year, and "3" -not profitable year.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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4
2. Using the Markov chain algorithm find the
probability for the company to break even for the
first and second years if ("1" corresponds to a
profitable year, "2"- to a break even year, and "3"
-not profitable year.
3
3
3
3
Transcribed Image Text:2. Using the Markov chain algorithm find the probability for the company to break even for the first and second years if ("1" corresponds to a profitable year, "2"- to a break even year, and "3" -not profitable year. 3 3 3 3
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