What is the transaction probability p22 value
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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What is the transaction probability p22 value ?

Transcribed Image Text:The computer center at Rock-bottom University has been experiencing computer downtime. Let us assume that the trials of an associated Markov process are defined as
one-hour periods and that the probability of the system being in a running state or a down state is based on the state of the system in the previous period.
To
From
Running
Down
Running
0.64
P12
Down
P21
P22= ??
Given that Steady State Probability 1=Steady State probability 2 (₁ =1₂)
What is the transition probability P22 Value ?
(Round your answer to 2 decimal places)
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