Suppose a government study estimated that the probability of successive generations of a rural family remaining in a rural area was 0.4 and the probability of successive generations of an urban family remaining in an urban area was 0.6. Assuming a Markov chain applies to these facts, find the steady-state vector.

Question

Suppose a government study estimated that the probability of successive generations of a rural family remaining in a rural area was 0.4 and the probability of successive generations of an urban family remaining in an urban area was 0.6. Assuming a Markov chain applies to these facts, find the steady-state vector. ​

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The Answer of Suppose a government study estimated that the probability of successive generations of a rural family remaining in a rural area was 0.4 and the probability of successive generations of an urban family remaining in an urban area was 0.6. Assuming a Markov chain applies to these facts, find the steady-state vector. ​

Suppose a Government Study Estimated That the Probability of Successive