A Markov chain with two states has transition matrix P. If the initial-state matrix is S 0
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A Markov chain with two states has transition matrix P. If the initial-state matrix is S0 = [1 0], discuss the relationship between the entries in the kth-state matrix and the entries in the kth power of P.
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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