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    Business
  3. Study Set
    Quantitative Analysis for Management
  4. Exam
    Exam 14: Markov Analysis
  5. Question
    A Matrix of Transition Probabilities Is of Dimension P<sub>mn</sub>
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A Matrix of Transition Probabilities Is of Dimension Pmn

Question 13

Question 13

True/False

A matrix of transition probabilities is of dimension Pmn.The vector of current market share must be of dimension πm1.

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