6.3.3 Let fV.t/g be the two-state Markov chain whose transition probabilities are given by (6.30ad). Suppose that

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6.3.3 Let fV.t/g be the two-state Markov chain whose transition probabilities are given by (6.30a–d). Suppose that the initial distribution is .1????;/. That is, assume that PrfV.0/ D 0g D 1???? and PrfV.0/ D 1g D . For 0

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An Introduction To Stochastic Modeling

ISBN: 9780233814162

4th Edition

Authors: Mark A. Pinsky, Samuel Karlin

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Question Posted: Nov 01, 2024 02:00 AM

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6.3.3 Let fV.t/g be the two-state Markov chain whose transition probabilities are given by (6.30ad). Suppose that

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E[V(s)V(t)]=-10(-s), whence Cov[V(s), V(t)]=(1-)(a+)\-s|

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An Introduction To Stochastic Modeling

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