uestion 4*BFor the Markov process with transition diagram shownat right, say why you would expect the steady state tohave equal probabilities for the four states A, B,C, D,no matter what the probabilities r, s and t happen tobe. [As is the normal convention, missing arrows allrepresent transitions with probability zero.]Write out the transitionmatrix T for this process:Use T" to confirm the steady state vector implied by part (a).For r= 0.2, s= 0.5 and t= 0.3 how many time steps are needed to arrive at thesteady state, to 2 decimal places accuracy, starting from any initial state vector?[Hint: Use a matrix calculator to take powers of T" as in Q2(a).]

Given Markov process Transition matrix: A B C D A r s 0 t B t r s 0 C 0 t r s D s 0 t…

B For the Markov process with transition diagram shown at right, say why you would expect the steady state to have equal probabilities for the four states A, B,C, D, no matter what the probabilities r, s and t happen to be. [As is the normal convention, missing arrows all represent transitions with probability zero.]

B For the Markov process with transition diagram shown at right, say why you would expect the steady state to have equal probabilities for the four states A, B,C, D, no matter what the probabilities r, s and t happen to be. [As is the normal convention, missing arrows all represent transitions with probability zero.]

Elementary Linear Algebra (MindTap Course List)

8th Edition

ISBN:9781305658004

Author:Ron Larson

Publisher:Ron Larson

Chapter2: Matrices

Section2.5: Markov Chain

Problem 49E: Consider the Markov chain whose matrix of transition probabilities P is given in Example 7b. Show...

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