Q18. Suppose M is a stochastic matrix representing the probabilities of transitions each day. Compute the matrix of compounded transition probabilities for 2 days into the future, or M². (Note, prior to multiplying matrices, the given components of M must be used to fill in the missing component [**] such that M is a stochastic matrix.)
Q18. Suppose M is a stochastic matrix representing the probabilities of transitions each day. Compute the matrix of compounded transition probabilities for 2 days into the future, or M². (Note, prior to multiplying matrices, the given components of M must be used to fill in the missing component [**] such that M is a stochastic matrix.)
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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![**Question 18**: Suppose \( M \) is a stochastic matrix representing the probabilities of transitions each day. Compute the matrix of compounded transition probabilities for 2 days into the future, or \( M^2 \). (Note, prior to multiplying matrices, the given components of \( M \) must be used to fill in the missing component \([**]\) such that \( M \) is a stochastic matrix.)
\[
M = \begin{bmatrix}
0.80 & 0.07 & 0.35 \\
0.14 & 0.70 & 0.41 \\
0.06 & ** & 0.24
\end{bmatrix}
\]
What is \( m_{32} \) in the matrix \( M^2 \)? (Round to 3 decimal places.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc6fbff9-4759-45b9-9f61-27046377aa96%2F45d128d3-aa2f-4677-bd66-64ef75ab63c1%2F1n4k7u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Question 18**: Suppose \( M \) is a stochastic matrix representing the probabilities of transitions each day. Compute the matrix of compounded transition probabilities for 2 days into the future, or \( M^2 \). (Note, prior to multiplying matrices, the given components of \( M \) must be used to fill in the missing component \([**]\) such that \( M \) is a stochastic matrix.)
\[
M = \begin{bmatrix}
0.80 & 0.07 & 0.35 \\
0.14 & 0.70 & 0.41 \\
0.06 & ** & 0.24
\end{bmatrix}
\]
What is \( m_{32} \) in the matrix \( M^2 \)? (Round to 3 decimal places.)
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