Question: Suppose X0, X1, X2, . . . are iid Binomial (2, 1 2 ). If we view this sequence as a Markov chain with S

Suppose X0, X1, X2, . . . are iid Binomial (2, 1 2 ). If we view this sequence as a Markov chain with S = {0, 1, 2}, what is its PTM?

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