An organization has N employees where N is a large number. Each employee has one of three
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An organization has N employees where N is a large number. Each employee has one of three possible job classifications and changes classifications (independently) according to a Markov chain with transition probabilities 0.7 0.2 0.1] 0.2 0.6 0.2 0.1 0.4 0.5 What percentage of employees are in each classification?
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