3.4 Consider a Markov chain with transition matrix a a P = 1-b b 1-c where 0 < a, b,c < 1. Find the stationary distribution.

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.5: Markov Chain
Problem 47E: Explain how you can determine the steady state matrix X of an absorbing Markov chain by inspection.
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3.4 Consider a Markov chain with transition matrix
1- a
a
P =
1-b
b
1-c
where 0< a, b, c < 1. Find the stationary distribution.
Transcribed Image Text:3.4 Consider a Markov chain with transition matrix 1- a a P = 1-b b 1-c where 0< a, b, c < 1. Find the stationary distribution.
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