Explanation Approach: An n × n matrix is called stochastic if it satisfies these properties: 1. a i j ≥ 0 for all i and j . 2. The sum of the entries in each column is 1. Calculation: Every element of the given matrix is non-negative, hence, Property 1 is satisfied. Checking for Property 2: Sum of first column = .3 + .4 + .3 = 1 Sum of second column = .2 + .7 + .1 = 1 Sum of third column

Finite Mathematics for the Managerial, Life, and Social Sciences

12th Edition

ISBN: 9781337405782

Author: Soo T. Tan

Publisher: Cengage Learning

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Chapter 9.1, Problem 5E

To determine

To find:

Whether the matrix [.3.2.4.4.7.3.3.1.2] is stochastic.

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Chapter 9.1, Problem 4E

Chapter 9.1, Problem 6E

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Chapter 9 Solutions

Finite Mathematics for the Managerial, Life, and Social Sciences

Ch. 9.1 - What is a finite stochastic process? What can you...Ch. 9.1 - Prob. 2CQ Ch. 9.1 - Consider a transition matrix T for a Markov chain...Ch. 9.1 - Prob. 1E Ch. 9.1 - Prob. 2E Ch. 9.1 - Prob. 3E Ch. 9.1 - Prob. 4E Ch. 9.1 - Prob. 5E Ch. 9.1 - Prob. 6E Ch. 9.1 - Prob. 7E

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