The computer center at Rockbottom University has been experiencing computer downtime. Let us assume that the trials

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The computer center at Rockbottom University has been experiencing computer downtime. Let us assume that the trials of an associated Markov process are defined as one-hour periods and that the probability of the system being in a running state or a down state is based on the state of the system in the previous period. Historical data show the following transition probabilities: 

a. If the system is intially running, what is the probablity of the system being down in the next hour of operaion? If required, round your answer to two decimal places. The probablity of the system is 

b. What are the steady-state probabilities of the system being in the running state and in the down state? If required, round your answers to two decimal places.

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Quantitative Methods For Business

ISBN: 148

11th Edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

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