Q3) A Discrete Time Markov Chain is given by the transition matrix, 0.3 0.2 0.5 P = 0.25 0.75 0.34 0.33 0.33 a) Sketch the state transition diagram for this system. b) Determine the steady state probabilities i) by calculation, ii) using a calculator. c) Investigate the behavior of a Discrete Time Markov Chain that is given by the transition matrix

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