3.1. Let 6,,, n = 0, 1, ... , be a two state Markov chain with transition probability matrix

Let {N(t); t ? 0) be a Poisson process with parameter A. Show that X(t) = Sev(r), t j 0, is a two state birth and death process and determine the parameters Ao and μ, in terms of a and A.

0 1 P = 0 11- 11