1. Explain why the entries in each column of a transition matrix must add up to 1.
2. Suppose that T is a transition matrix and

Interpret the number .26.
3. Explain why A2 must be a stochastic matrix if A is a stochastic matrix.
4. True or False Every entry in a stochastic matrix is a conditional probability.
5. True or False Every absorbing stochastic matrix is a regular stochastic matrix?

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.74 .18 26 82