Question: Thank you so much!! Problem 7.3 (10 points) Consider the Markov chain from Exercise 7.2. (a) Provide the transition matrix for the Markov chain. (b)

Thank you so much!!

Thank you so much!! Problem 7.3 (10 points) Consider the Markov chain

Problem 7.3 (10 points) Consider the Markov chain from Exercise 7.2. (a) Provide the transition matrix for the Markov chain. (b) Is there a limiting distribution? If so, determine it. (C) Determine the set of stationary distributions if any exist. If not, explain Why

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