A transition matrix cannot cause the system to cycle between states.
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Q6: A Markov assumption is that the probabilities
Q7: Markov analysis is not a probabilistic technique.
Q8: Markov analysis provides a recommended decision.
Q9: Markov analysis can be used to determine
Q10: Markov Analysis always results in a steady
Q12: Markov analysis does not provide a recommended
Q13: A Markov assumption is that the probabilities
Q14: A Markov assumption is that the probabilities
Q15: The brand-switching problem analyzes the probability of
Q16: Markov analysis provides information on the probability
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