An absorbing Markov chain has the following matrix P as a standard form: Let w k denote

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An absorbing Markov chain has the following matrix P as a standard form:

Let w k denote the maximum entry in Qk. Note that w1 = .6.

(A) Find w2, w4, w8, w16, and w32 to three decimal places.

(B) Describe Qk when k is large.

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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