Consider the following Markov Chain. Assuming that the process is in State 4, what is theprobability that we'll eventually reach the recurrent class (5,6)? (Use 3 significant figures inpercentage)0.90.40.10.60.420.230.20.740.250.3

Given the transition diagram of a 6-state Markov chain.

Answered: Consider the following Markov Chain.…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

i need the answer quickly
5. Explain what is meant by BLUE estimates and the Gauss-Markov theorem. Mathematics relevant proofs will be rewarded. [:
60. The following is the transition probability matrix of a Markov chain with states 1, 2, 3, 4 P= .4 .2 .25 .2 .3 .2 .1 .2 .2 .4 25 50 .1 .4 .3 If Xo = 1 (a) find the probability that state 3 is entered before state 4; (b) find the mean number of transitions until either state 3 or state 4 is entered.
Please do the following questions with handwritten working out. Answer is in other image
Hint: The correct answer is 0.18
ne bets $1. 0.45, he wins the game and with probability 1 - p = 0.55, he loses the game. His goal is to increase his capital to $3, and as soon as he does, the game is over. The game is also over if his capital is reduced to zero. Construct an absorbing Markov chain and answer the following questions. • What is the expected duration of the game? • What is the probability that he goes broke?
Final Answer only please
7
A study conducted by the Urban Energy Commission in a large metropolitan area indicates the probabilities that homeowners within the area will use certain heating fuels or solar energy during the next 10 years as the major source of heat for their homes. The following transition matrix represents the transition probabilities from one state to another. Electricity 10.2 Natural Gas Fuel Oil Solar Energy Elec. Gas Oil 0.60 0.05 0.10 0.15 0.85 0.10 0.08 Solar 0 0.10 0.02 0.75 0.08 0.15 0.08 0.05 0.84 Among homeowners within the area, 20% currently use electricity, 35% use natural gas, 40% use oil, and 5% use solar energy as the major source of heat for their homes. In the long run, percentage of homeowners within the area will be using solar energy as their major source of heating fuel? (Round your answer to one decimal place. Assume the trend continues.) X % what
Please do question 4
Given the following Markov Chain diagram. 0.15 On Duty Off 0.85 0.2 Duty 0.8 Given that you were on duty the first day (i.e., P(Day 1=On Duty) = 1 and P(Day %3D 1= Off Duty) = 0), answer the following questions. • What is the probability that you need to report towork on the 2mnd day (i.e., P(Day 2 = On Duty))? Answer: (Please write your answer with 2 decimal points) • What is the probability that you take a leave on the 2nd day (i.e., P(Day 2 = Off Duty))? Answer: (Please write your answer with 2 decimal points) • What is the probability that you go to work on the third day (i.e., P(Day 3=On Duty))? Answer: |(Please write your answer with 4 decimal points) • What is the probability that the third day was a Day Off (i.e., P(Day 3=Day Off)? Answer: (Please write your answer with 4 decimal points)

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS

Consider the following Markov Chain. Assuming that the process is in State 4, what is the probability that we'll eventually reach the recurrent class (5,6)? (Use 3 significant figures in percentage) 0.9 1 0.4 0.1 01.0 LO 2 0.6 0.2 0.4 3 0.2 0.7 4 0.2 5 0.3 1