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The Following Data Consists of a Matrix of Transition Probabilities

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The following data consists of a matrix of transition probabilities (P)of three potential diseases, and the initial incidence of each disease π(0).Assume that each state represents a disease (Disease 1, Disease 2, Disease 3, respectively)and the transition probabilities represent changes from one checkup to the next.What is the steady state probability of the three diseases?
P = The following data consists of a matrix of transition probabilities (P)of three potential diseases, and the initial incidence of each disease π(0).Assume that each state represents a disease (Disease 1, Disease 2, Disease 3, respectively)and the transition probabilities represent changes from one checkup to the next.What is the steady state probability of the three diseases? P = π(0)= (.2, .3, .5) π(0)= (.2, .3, .5)

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Disease 1 = .309, Di...

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