Question: Consider the following transition matrix to answer the following problem 1 1 [0.3 20.2 30.4 4 10.1 2 3 4 0.3 0.3 0.1 0.2 0.5

Consider the following transition matrix to

Consider the following transition matrix to answer the following problem 1 1 [0.3 20.2 30.4 4 10.1 2 3 4 0.3 0.3 0.1 0.2 0.5 0.1 0.1 0.1 0.4 0.3 0.2 0.4) The first passage times from state 3 to state 1 (in year) is: a. 5.101 years O b. 3.29 years OC 429 years d. 3.855 years Clear my choice

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