Business, 29.03.2021 19:10 msanger7587

The weather in Golden is either good, indifferent or bad on any given day. If the weather is good today, there is a 60% chance it will be good tomorrow, a 30% chance it will be indifferent and a 10% chance it will be bad. Ifthe weather is indifferent today, then 40% it will be good tomorrow, and 30% indifferent. Finally, if the weather is badtoday, then 40% chance it will be good tomorrow, and 50% indifferent.(a) What is the stochastic matrix for this situation

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The weather in Golden is either good, indifferent or bad on any given day. If the weather is good to...

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