The following is the transition probability matrix of a Markov chain with states 1,2,3,4 𝐏=( .4 .3 .2 .1 .2 .2 .2 .4 .25 .25 .5 0 .2 .1 .4 .3) If X0=1 (a) find the probability that state 3 is entered before state 4 ; (b) find the mean number of transitions until either state 3 or state 4 is entered. | Numerade
The following is the transition probability matrix of a Markov cha…
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