Question: Given these initial state probabilities, develop a table showing the probability of each state in future periods. (Round your answers to three decimal places.) What

Given these initial state probabilities, develop

Given these initial state probabilities, develop a table showing the probability of each state in future periods. (Round your answers to three decimal places.) What are the long-run probabilities of each state? (Enter your probabilities as fractions.) Murphy's 1= Catalina's 2=

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