Question: The matrix is called a stochastic matrix. Each entry pij (i j) represents the proportion of the voting population that changes from party i to

The matrix

is called a stochastic matrix. Each entry pij (i ‰ j) represents the proportion of the voting population that changes from party i to party j, and pii represents the proportion that remains loyal to the party from one election to the next. Compute and interpret P2.

From 0.1 0.1] R [0.6 0.1 P = |0.2 0.7 0.1 D To 0.2 0.2 0.8 I

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