A study of pinon (pine) nut crops in the American southwest from 1940 to 1947 hypothesized that
Question:
a. Write down the transition matrix for this Markov chain.
b. If the pinon nut crop was good in 1940 find eth probabilities of a good crop in the years 1941
c. In the long run, what proportion of the crops will be good, fair, and poor?
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