3.2.5 A Markov chain has the transition probability matrix 0 1 2 0 0.7 0.2 0.1 P= 1 0.3 0.5 0.2 2 0 0 1 The Markov chain starts at time zero in state Xo = 0. Let T= min{n ≥ 0; Xn=2} be the first time that the process reaches state 2. Eventually, the process will reach and be absorbed into state 2. If in some experiment we observed such a

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