Any year on a planet in the Sirius star system is either economic growth or recession (constriction). If there is growth for one year, there is 70% probability of growth in the next year, 10% probability recession is happening. If there is a recession one year, there is a 30% probability of growth and a 60% probability of recession the next year. (a) If recession is known in 2263, find the probability of growth in 2265. (b) What is the probability of a recession on the planet in the year Captain Kirk and his crew first visited the planet? explain it to someone who does not know anything about the subject

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(Transition Probabilities)must be about Markov Chain.

Any year on a planet in the Sirius star system is either economic growth or recession (constriction). If there is growth for one year, there is 70% probability of growth in the next year, 10% probability recession is happening. If there is a recession one year, there is a 30% probability of growth and a 60% probability of recession the next year.

(a) If recession is known in 2263, find the probability of growth in 2265.

(b) What is the probability of a recession on the planet in the year Captain Kirk and his crew first visited the planet?

explain it to someone who does not know anything about the subject

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