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    Quantitative Analysis for Management
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    Exam 14: Markov Analysis
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    The Probability That We Will Be in a Future State
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The Probability That We Will Be in a Future State

Question 32

Question 32

Multiple Choice

The probability that we will be in a future state, given a current or existing state, is called


A) state probability.
B) prior probability.
C) steady state probability.
D) transition probability.

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