1. A person plays a game in which he gains Rs 20 with a probability of0.4 or...
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1. A person plays a game in which he gains Rs 20 with a probability of0.4 or loses Rs 10 with a probability of 0.6. He has an amount of Rs 20 with him and plays the game repeatedly until he loses all the amount he has or adds Rs 30 or Rs 40 to the initial amount. Draw up a transition probability matrix of him.
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