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Consider the following Markov Chain {Xn,n=0,1,2,} with states {1,2,3,4,5}. The transition matrix is below. P= Is the Markov Chain ergodic? Yes No

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Consider the following Markov Chain {Xn,n=0,1,2,} with states {1,2,3,4,5}. The transition matrix is below. P= Is the Markov Chain ergodic? Yes No

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To determine if the Markov chain is ergodic we need to check two main conditions irreducibility and ... blur-text-image

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