A Markov process for two states has the following transition matrix:
$$\begin{array} { c c c }
& \mathrm { A } & \mathrm { B } \
\text { A } & 0.35 & 0.65 \
\text { B } & 0.42 & 0.58
\end{array}$$
Assume that we start with state 1, what is the probability matrix of the system being in state A or B in period 3 given the system started in state B?

Question

A Markov process for two states has the following transition matrix:
 $$\begin{array} { c c c } 
& \mathrm { A } & \mathrm { B } \
\text { A } & 0.35 & 0.65 \
\text { B } & 0.42 & 0.58
\end{array}$$ 
Assume that we start with state 1, what is the probability matrix of the system being in state A or B in period 3 given the system started in state B?

Quizplus · Accepted Answer

The Answer of A Markov process for two states has the following transition matrix:
 $$\begin{array} { c c c } 
& \mathrm { A } & \mathrm { B } \
\text { A } & 0.35 & 0.65 \
\text { B } & 0.42 & 0.58
\end{array}$$ 
Assume that we start with state 1, what is the probability matrix of the system being in state A or B in period 3 given the system started in state B?

A Markov Process for Two States Has the Following Transition AB A 0.350.65 B 0.420.58\begin{array} { c c c } & \mathrm { A } & \mathrm { B } \\\text { A } & 0.35 & 0.65 \\\text { B } & 0.42 & 0.58\end{array} A B ​A0.350.42​B0.650.58​

A Markov Process for Two States Has the Following Transition $\begin{array} { c c c } & \mathrm { A } & \mathrm { B } \\\text { A } & 0.35 & 0.65 \\\text { B } & 0.42 & 0.58\end{array}$