Find the product of the vector of state probabilities for, Ask an Expert

Statistics

In Markov analysis, to find the vector of state probabilities for any period,

a) one should find them empirically.

b) subtract the product of the numbers on the primary diagonal from the product of the numbers on the secondary diagonal.

c) find the product of the vector of state probabilities for the preceding period and the matrix of transition probabilities.

d) find the product of the vectors of state probabilities for the two preceding periods.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9375061

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Suppose you want to calculate the z-score for your height

Suppose you want to calculate the? z-score for your height. How will the? z-scores compare if you use your height in inches verses? centimeters?

Simone founded her company using 175000 of her own money

Simone founded her company using $175,000 of her own? money, issuing herself 200,000 shares of stock. An angel investor bought an additional 200,000 shares for $125,000. She now sells another450,000 shares of stock to a ...

A random group of 20 depressive patients has been given the

A random group of 20 depressive patients has been given the MMPI. Their scores on a depression scale are as follows: 30 45 32 28 33 25 37 32 34 32 26 35 30 34 35 31 36 26 42 39 Construct a frequency distribution. Then ma ...

You need to have accumulated savings of 2 million by the

You need to have accumulated savings of $2 million by the time that you retire in 20 years. You currently have savings of $200,000. How much do you need to save each year to meet your goal if your savings earn a return o ...

A research a research institute conduct the clinical trials

A research a research institute conduct the clinical trials of a method designed to increase the probability of conceiving a boy. Amount 170 to babies born to parents using the method. 146 for boys. Identity identify the ...

Future value of an annuitywhat is the future value of a 470

Future Value of an Annuity What is the future value of a $470 annuity payment over 7 years if the interest rates are 6 percent?

How much of the opposing side should you share in a

How much of the opposing side should you share in a presentation to a multiple-perspective audience, and what techniques would you use?

Need help with calculating these problems a research group

Need help with calculating these problems: A research group conducted an extensive survey of 2957 wage and salaried workers on issues ranging from relationships with their bosses to household chores. The data were gather ...

The mean time it takes a technician to resolve a software

The mean time it takes a technician to resolve a software Issue is 18 minutes with a standard deviation or 4.2 minutes. This information was obtained from a random sample of 10 monitored calls. A sample of 15 monitor cal ...

Martin enterprises needs someone to supply it with 109000

Martin Enterprises needs someone to supply it with 109,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you've decided to bid on the contract. It will cost you $740, ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert