Consider a Markov chain (X) with state space S = {1, 2, 3, 4, 5} and transition matrix 0.5 0.5 0 0 0 0.4 0.6 0 0 0 P = 0 0.3 0.3 0.4 0 0 0 0 0.6 0.4 0 0 0 0.6 0.4 One stationary distribution for this Markov chain is (3,9,0,0,0). Suppose the Markov chain (X) is started from the initial distribution A=(0.10 0.7 0.2 0). What are the limiting probabilities lim∞ P(X = i) for each i ES?

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2. Consider a Markov chain (Xn) with state space S
=
{1, 2, 3, 4, 5} and transition matrix
0.5 0.5 0
0
0
0.4 0.6 0
0
0
P =
0 0.3
0.3
0.4 0
0
0 0
0.6 0.4
000
0.6 0.4
One stationary distribution for this Markov chain is (4, 5, 0, 0, 0).
Suppose the Markov chain (X) is started from the initial distribution
λ = (0.1 0 0.7 0.2 0).
What are the limiting probabilities limn→∞ P(X = i) for each i € S?
Transcribed Image Text:2. Consider a Markov chain (Xn) with state space S = {1, 2, 3, 4, 5} and transition matrix 0.5 0.5 0 0 0 0.4 0.6 0 0 0 P = 0 0.3 0.3 0.4 0 0 0 0 0.6 0.4 000 0.6 0.4 One stationary distribution for this Markov chain is (4, 5, 0, 0, 0). Suppose the Markov chain (X) is started from the initial distribution λ = (0.1 0 0.7 0.2 0). What are the limiting probabilities limn→∞ P(X = i) for each i € S?
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