=8. In the matrix of transition probabilities, a. the sum of the probabilities in each row will

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=8. In the matrix of transition probabilities,

a. the sum of the probabilities in each row will equal 1.

b. the sum of the probabilities in each column will equal 1.

c. there must be at least one 0 in each row.

d. there must be at least one 0 in each column.

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Quantitative Analysis For Management

ISBN: 9789332578692

12th Edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

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