Question: ( pls show all work using excel ) Problem 1 ( 2 5 points ) Some ex - cons spend the rest of their lives
pls show all work using excelProblem pointsSome excons spend the rest of their lives either free, on trial, in jail, or on probation. At the start of each year, statistics show that there is chance that a free excon will commit a new crime and go on trial. The judge may send the excon to jail with probability or grant probation with probability Once in jail, of excons will be set free for good behavior. Of those who are on probation, commit new crimes and are arraigned for new trials, will go back to finish their sentence for violatin probation orders, and will be set free for lack of evidence. Taxpayers underwrite the cost associated with the punishment of the exfelons. It is estimated that a trial will cost about $ an average jail sentence will cost $ and an average probation period will cost $ a Express problem as a Markov chain. Justify your answer.b Determine the expected cost per excon.c How often does an excon return to jail? Go on trial? Be set free?
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