A Markov chain has two states. • If the chain is in state 1 on a given observation, then it is three times as likely to be in state 1 as to be in state 2 on the next observation. If the chain is in state 2 on a given observation, then it is twice as likely to be in state 1 as to be in state 2 on the next observation. Which of the following represents the correct transition matrix for this Markov chain? О [3/4 2/3 1/4 1/3 O [2/3 1/3 3/4 1/4) о [3/4 2/3 1/3] None of the others are correct 3/4 O [1/4 1/3 2/3. O [3/4 1/4] 1/3 2/3.

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A Markov chain has two states.
• If the chain is in state 1 on a given observation, then it is three times as likely to be in state 1
as to be in state 2 on the next observation.
If the chain is in state 2 on a given observation, then it is twice as likely to be in state 1 as to
be in state 2 on the next observation.
Which of the following represents the correct transition matrix for this Markov chain?
О [3/4 2/3
1/4
1/3
O [2/3
1/3
3/4 1/4)
о [3/4
2/3 1/3]
None of the others are correct
3/4
O [1/4
1/3
2/3.
O [3/4
1/4]
1/3
2/3.
Transcribed Image Text:A Markov chain has two states. • If the chain is in state 1 on a given observation, then it is three times as likely to be in state 1 as to be in state 2 on the next observation. If the chain is in state 2 on a given observation, then it is twice as likely to be in state 1 as to be in state 2 on the next observation. Which of the following represents the correct transition matrix for this Markov chain? О [3/4 2/3 1/4 1/3 O [2/3 1/3 3/4 1/4) о [3/4 2/3 1/3] None of the others are correct 3/4 O [1/4 1/3 2/3. O [3/4 1/4] 1/3 2/3.
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