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Consider the Markov chain from Exercise 7.2.
(a) Provide the transition matrix P for the Markov chain.
(b) Is there a limiting distribution? If so, determine it.
(c) Determine all stationary distributions. Hint: You have to use Exercise 7.3. g
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Consider the Markov chain from Exercise 7.2.
(a) Provide the transition matrix P for the Markov cha...
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