A Markov chain has three states, A, B, and C. The probability of going from state A

Question:

A Markov chain has three states, A, B, and C. The probability of going from state A to state B in one trial is 1. The probability of going from state B to state A in one trial is .5, and the probability of going from state B to state C in one trial is .5. The probability of going from state C to state A in one trial is 1.
In Problem, use the given information to draw the transition diagram and find the transition matrix.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

Question Posted: