Question
Given that there are currently 35% in state 1, 25% in state 2 and the rest are in state 3 and a one-month transition matrix
Given that there are currently 35% in state 1, 25% in state 2 and the rest are in state 3 and a one-month transition matrix A with
A=
.20 I .30. I .50
.10 I .45 I .45
.60 I .05 I .35
State the probability that an individual in state 2 is in state 3 after three repetitions of the "experiment".
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
