A Markov chain has four states, A, B, C, and D. The probability of going from state
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A Markov chain has four states, A, B, C, and D. The probability of going from state A to state B in one trial is .3, the probability of going from state A to state C in one trial is .4, the probability of going from state B to state A in one trial is .5, the probability of going from state B to state C in one trial is .3, the probability of going from state C to state A in one trial is .2, the probability of going from state C to state B in one trial is .4, and the probability of going from state B to state D in one trial is .6. Draw a transition diagram and write a transition matrix for this chain.
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Related Book For
College Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780321945518
13th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
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