Exam 16: Markov Processes

The probability that the system is in state 2 in the 5th period is $\pi$ ₅(2).

The probability of going from state 1 in period 2 to state 4 in period 3 is

For Markov processes having the memoryless property, the prior states of the system must be considered in order to predict the future behavior of the system.

If the probability of making a transition from a state is 0, then that state is called a(n)

When absorbing states are present, each row of the transition matrix corresponding to an absorbing state will have a single 1 and all other probabilities will be 0.