The transition probabilities are given by the matrix [ pi_{1}=left{begin{array}{ccc} frac{1}{2} & frac{1}{3} & frac{1}{6} frac{1}{2}

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The transition probabilities are given by the matrix

\[ \pi_{1}=\left\{\begin{array}{ccc} \frac{1}{2} & \frac{1}{3} & \frac{1}{6} \\ \frac{1}{2} & \frac{1}{3} & \frac{1}{6} \\ \frac{1}{2} & \frac{1}{3} & \frac{1}{6} \end{array}\right\} \]

What is the number of the states? Find the two-step transition probabilities from state to state.

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Theory Of Probability

ISBN: 9781351408585

6th Edition

Authors: Boris V Gnedenko

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