Q.47 Consider a discrete time Markov chain on the state space {1,2,3} with one-step transition 1 2 3 1 probability matrix 0.2 0.8] Then the period of the Markov chain is ... 0.5 0.5 3 Lo.6 0.4

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Q.47 Consider a discrete time Markov chain on the state space {1,2,3} with one-step transition
2
0.2 0.8]
1
1
probability matrix
Then the period of the Markov chain is ...
0.5
0.5
3
Lo.6 0.4
Q.48 Suppose customers arrive at an ATM facility according to a Poisson process with rate 5
customers per hour. The probability (rounded off to two decimal places) that no customer
arrives at the ATM facility from 1:00 pm to 1:18 pm is ...
Transcribed Image Text:Q.47 Consider a discrete time Markov chain on the state space {1,2,3} with one-step transition 2 0.2 0.8] 1 1 probability matrix Then the period of the Markov chain is ... 0.5 0.5 3 Lo.6 0.4 Q.48 Suppose customers arrive at an ATM facility according to a Poisson process with rate 5 customers per hour. The probability (rounded off to two decimal places) that no customer arrives at the ATM facility from 1:00 pm to 1:18 pm is ...
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