Consider a Markov chain on {1,2,3,4,5} with transition matrix a. What are the recurrent and transient classes
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Consider a Markov chain on {1,2,3,4,5} with transition matrix
a. What are the recurrent and transient classes for this chain?
b. Find the limiting matrix for each recurrent class.
c. Determine the long-range probabilities for the Markov chain starting from each transient state.
d. Use the results of parts (b) and (c) to find 
e. Confirm your answer in part (d) by taking P to a high power.
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Related Book For 
Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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