Question: 2.4. Suppose X,, is a two-state Markov chain whose transition probability matrix is Then Z,, = (X n-1 ,X n ) is a Markov chain
2.4. Suppose X,, is a two-state Markov chain whose transition probability matrix is

Then Z,, = (Xn-1,Xn) is a Markov chain having the four states (0, 0), (0, 1), (1, 0), and (1, 1). Determine the transition probability matrix.
P = ||| 0 1-B 1 1 c
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