LetP=0.50.70.50.3

be the transition matrix for a Markov chain with two states. Letx₀=0.50.5

be the initial state vector for the population.

Computex₁andx₂.x₁=

x₂=

0.5 0.7 0.5 0.3 0.5 Let P =[ 0.5 be the transition matrix for a Markov chain with two states. Let x0 = [ 1 be the initial state vector for the population. Compute x1 and x2. X X Need Help?