Question: Let Xn be the maximum reading obtained in the first n throws of a fair die and Yn be the minimum reading obtained in the

Let Xn be the maximum reading obtained in the first n

Let Xn be the maximum reading obtained in the first n throws of a fair die and Yn be the minimum reading obtained in the first n throws of a fair die. (a) Explain why X1, X2, X3, ... forms a Markov chain. (b) Find the transition probability matrix for the chain and draw the transition graph. ( c) Is 1 Y.. Ya Markov chain? Explain

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