1. Consider the matrices of Exercise 47. Beginning with the initial distribution matrix, generate 10 more distributions....
Question:
Refer to Exercise 47,
Let A be the stochastic matrix
and let the initial distribution be
2. Repeat Exercise 49 for the matrices of Exercise 48.
3. Generate 35 successive powers of the matrix A from Exercise 47. (With a graphing calculator, the instruction [A]*Ans can be used to compute successive powers of a square matrix.) The matrices will get closer and closer to a certain 2 Ã 2 matrix. What is that matrix? How is that matrix related to the 2 Ã 1 matrix found in Exercise 49?
4. Repeat Exercise 51 for the square matrix of Exercise 48.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
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