Exercise 7.3.17 In the city of Nabal, there are three political persuasions, republicans (R), democrats (D), and neither one (N). The following table shows the transition probabilities between the political parties, the top row being the initial political party and the side row being the political affiliation the following year. D16 RDN 2 7 R 1/1 5 D / / / / / / N 3/3 1/12 1/1/20 Find the probabilities that a person will be identified with the various political persuasions. Which party will end up being most important?

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