Question: What do you mean by Markov chain or Markov process? Define the transition matrix of the Markov chain. Find the steady-state vector of the

What do you mean by Markov chain or Markov process? Define the

What do you mean by Markov chain or Markov process? Define the transition matrix of the Markov chain. Find the steady-state vector of the transition matrix .2 .1 .7 P = .6 .4 .2 with x %3D 2 .5 .1

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