Question: 21. In a Markov chain with three states, 1, 2 and 3, with given transition probability matrix, P, the probability that the system, presently in

21. In a Markov chain with three states, 1, 2 and 3, with given transition probability matrix, P, the probability that the system, presently in state 3, shall be in the state 1, three periods from now, would be given by element 3,1 of the matrix P3• Mark the statement as T (True) or F (False).

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