Question: Problem 3 (2 points) 1/2 1/4 1/2 0.5 1/2 S1 1/4 $2 1/2 1/2 $5 1/3 1/3 1/3 SO 3a) The above is a picture

Problem 3 (2 points) 1/2 1/4 1/2 0.5 1/2 S1 1/4 $2 1/2 1/2 $5 1/3 1/3 1/3 SO 3a) The above is a picture of a Markov chain. There is something wrong with it. Identify the mistake. (0.5 point) 3b) Ignoring the mistake, what is the probability that the system enters $2 and then leaves $2 on the next trial? Show all work. (1.5 point)

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