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Q11 Suppose M is a stochastic matrix representing the probabilities of transitions each month. Compute the matrix of compounded transition probabilities for 3 months into
Q11 Suppose M is a stochastic matrix representing the probabilities of transitions each month. Compute the matrix of compounded transition probabilities for 3 months into the future, or M3. (Note, prior to multiplying matrices, the given components of M must be used to fill in the missing components [**] such that M is a stochastic matrix.) M: 0.65 *\" '\" 0.?0 What is mg; in the matrix M3? {Round to 3 decimal places.) Your
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