The transition probabilities for States 1, 2 and 3 are recorded below. 1 2 3 1 0.6 0.25 0.15 2 0.1 0.7 0.2 3 0.05 0.15 0.8 Find the equilibrium point for 3 Question 15 Answer A. 0.37 B. 0.15 C. 0.48 D. 0.27

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The transition probabilities for States 1, 2 and 3 are recorded below. 1 2 3 1 0.6 0.25 0.15 2 0.1 0.7 0.2 3 0.05 0.15 0.8
Find the equilibrium point for 3 Question 15 Answer A. 0.37 B. 0.15 C. 0.48 D. 0.27
Transcribed Image Text:The transition probabilities for States 1, 2 and 3 are recorded below. 1 2 3 1 0.6 0.25 0.15 2 0.1 0.7 0.2 3 0.05 0.15 0.8 Find the equilibrium point for 3 Question 15 Answer A. 0.37 B. 0.15 C. 0.48 D. 0.27
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