Question: Let be the transition matrix for a Markov chain with two states. Let be the initial state vector for the population. Compute x 1 and

Let
0.5 0.3 P = 0.5 0.7.

be the transition matrix for a Markov chain with two states.

Let
0.5 Xo 0.5

be the initial state vector for the population.

Compute x1 and x2.

0.5 0.3 P = 0.5 0.7. 0.5 Xo 0.5

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