Assume that the probability of rain tomorrow is 0.5 if it is raining today, and assume that
Question:
(a) Explain why the stated assumptions imply that the Markovian property holds for the evolution of the weather.
(b) Formulate the evolution of the weather as a Markov chain by defining its states and giving its (one-step) transition matrix.
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Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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