As shown in Example 2, is not a regular stochastic matrix. Show that acts like a stable

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As shown in Example 2,
0.

is not a regular stochastic matrix. Show that

51 .5

acts like a stable distribution for this matrix, and explain why this fact does not contradict the main premise of this section?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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