Problem refer to the following transition matrix P and its powers: Find S 3 for S 0

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Problem refer to the following transition matrix P and its powers:

Find S3 for S0 = [0 0 1] and explain what it represents.

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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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