1. Explain how to find the stable distribution of a regular stochastic matrix? 2. What is meant...

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1. Explain how to find the stable distribution of a regular stochastic matrix?
2. What is meant by an absorbing state of a stochastic matrix?
Distribution
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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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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