The transition matrix for a Markov chain is Find the stationary matrix S and the limiting matrix

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The transition matrix for a Markov chain is

P = .6 .1 .4 .9

Find the stationary matrix S and the limiting matrix P̅.

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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