From statistics gathered over many seasons, it was determined that the probability a basketball player will...

 

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From statistics gathered over many seasons, it was determined that the probability a basketball player will make a basket after having made a basket on his previous attempt is .55, while the probability he will make a basket if he missed on his previous attempt is .48. Show a transition matrix to support this distribution of probabilities using the Marcov Chain model. In a current game a player has made 45% of his attempted shots. Find the stationary matrices: S1 and S2. Show all work, and be sure to explain the S1 and S2 within the context of the problem. From statistics gathered over many seasons, it was determined that the probability a basketball player will make a basket after having made a basket on his previous attempt is .55, while the probability he will make a basket if he missed on his previous attempt is .48. Show a transition matrix to support this distribution of probabilities using the Marcov Chain model. In a current game a player has made 45% of his attempted shots. Find the stationary matrices: S1 and S2. Show all work, and be sure to explain the S1 and S2 within the context of the problem.