Question: 1 Show that any second-order Markov process can be rewritten as a first-order Markov process with an augmented set of state variables. Can this always

1 Show that any second-order Markov process can be rewritten as a first-order Markov process with an augmented set of state variables. Can this always be done parsimoniously, i.e., without increasing the number of parameters needed to specify the transition model?

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