1.4. A finite state regular Markov chain has transition probability matrix P = NP;j and limiting distribution...

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1.4. A finite state regular Markov chain has transition probability matrix P = NP;j and limiting distribution IT = PIT;j. In the long run, what fraction of the transitions are from a presribed state k to a prescribed state m?

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An Introduction To Stochastic Modeling

ISBN: 9780126848878

3rd Edition

Authors: Samuel Karlin, Howard M. Taylor

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Question Posted: Oct 31, 2024 03:01 AM

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1.4. A finite state regular Markov chain has transition probability matrix P = NP;j and limiting distribution IT = PIT;j. In the long run, what fraction of the transitions are from a presribed state...
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1.4. A finite state regular Markov chain has transition probability matrix P = NP;j and limiting distribution...

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An Introduction To Stochastic Modeling

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