Show that Example 11.8 is an ergodic chain, but not a regular chain. Show that its fixed

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Show that Example 11.8 is an ergodic chain, but not a regular chain. Show that its fixed probability vector w is a binomial distribution.

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Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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Question Posted: Apr 08, 2010 04:38 AM

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Show that Example 11.8 is an ergodic chain, but not a regular chain. Show that its fixed

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It is clearly possible to go between any two states so the chain ...View the full answer

Statistics For Business And Economics

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