Question: QUESTION 3 Consider the P matrix below. Over the long term, what percentage of the time do you expect to be in state X? Y

QUESTION 3 Consider the P matrix below. Over the long term, what percentage of the time do you expect to be in state X? Y Z X 0.80 0.05 0.15 Y 0.10 0.90 0.15 Z 0.10 0.05 0.70 QUESTION 4 Consider the absorbing chain P matrix below. B P 0.5 0 0.3 0.3 D 0 0.2 0.2 0.5 0 0 0 1 0 0 0 1 If you are currently in state "A" - what is the chance you will end up in state "D

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Consider the P matrix below. Over the long term, what percentage of the time do you expect to be in state Y

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