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A Markov process with generator matrix Q is modelled by two embedded Markov chains. Chain one uses r1 = , chain two uses r2 =

A Markov process with generator matrix Q is modelled by two embedded Markov chains. Chain one uses r1 = α, chain two uses r2 = 2α. Explain how the choice of the two different rates impacts the modelling of the process and what the difference of the dynamics of the chains is?

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The choice of the two different rates in the embedded Markov chains impacts the modelling of the process in the following ways The rate at which the p... blur-text-image

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