The following information is repeated here for your convenience. Let {Xn; n 2 0} denote a discrete time Markov process with state-space S = {1,2,3, 4, 5, 6} and transition matrix %3D 1 1. 1 P = 0.5 0.5 0 1 0.125 0.25 0,5 0 0.125 if Xo = 3, what proportion of time does the process spend in state 3 in the long run? Give your answer to three decimal places. Answer:

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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The following information is repeated here for your convenience.
Let {Xn; n > 0} denote a discrete time Markov process with state-space S = {1,2,3, 4, 5, 6} and transition matrix
%3D
0.
1
1.
1
P =
0.5 0.5 0
1
0.125 0.25 0.5
0 0.125
if Xo = 3, what proportion of time does the process spend in state 3 in the long run? Give your answer to three decimal places.
Answer:
Transcribed Image Text:The following information is repeated here for your convenience. Let {Xn; n > 0} denote a discrete time Markov process with state-space S = {1,2,3, 4, 5, 6} and transition matrix %3D 0. 1 1. 1 P = 0.5 0.5 0 1 0.125 0.25 0.5 0 0.125 if Xo = 3, what proportion of time does the process spend in state 3 in the long run? Give your answer to three decimal places. Answer:
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