Let X₁, X₁,... be the Markov chain on state space {1,2,3,4} with transition matrix 0 1/2 1/2 0 1/7 0 3/7 3/7 1/3 1/3 1/3 2/3 1/6 1/6/ 0 0 Explain how you can tell this Markov chain has a limiting distribution and how you could compute it. Your answer should refer to the relevant Theorems

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Explain how you can tell this Markov chain has a limiting distribution and how you could compute it. Your answer should refer to the relevant Theorems. 

Let X₁, X₁,... be the Markov chain on state space {1,2,3,4} with
transition matrix
1/2 1/2 0 0
1/7 0 3/7 3/7
1/3 1/3 1/3
2/3 1/6 1/6,
0
0
Explain how you can tell this Markov chain has a limiting distribution and how
you could compute it. Your answer should refer to the relevant Theorems
Transcribed Image Text:Let X₁, X₁,... be the Markov chain on state space {1,2,3,4} with transition matrix 1/2 1/2 0 0 1/7 0 3/7 3/7 1/3 1/3 1/3 2/3 1/6 1/6, 0 0 Explain how you can tell this Markov chain has a limiting distribution and how you could compute it. Your answer should refer to the relevant Theorems
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