In a city, a study has disclosed that the relationships between the occurrences of a dry day and a wet day in December. From the historical records, the study has shown that the probabilities of a dry day following a dry day and a wet day are 0.95 and 0.70, respectively, in December. Consider a 2-state first order Markov chain for a sequence of dry and wet days. Generate the transitional probability matrix for the relationships between dry and wet days in December. Determine the numbers of dry days and wet days in December over a long period.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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In a city, a study has disclosed that the relationships between the occurrences of a dry day and a wet day in December. From the historical records, the study has shown that the probabilities of a dry day following a dry day and a wet day are 0.95 and 0.70, respectively, in December. Consider a 2-state first order Markov chain for a sequence of dry and wet days. Generate the transitional probability matrix for the relationships between dry and wet days in December. Determine the numbers of dry days and wet days in December over a long period.

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