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  3. Study Set
    Applied Management Science
  4. Exam
    Exam 12: Markov Process Models
  5. Question
    Is This an Acceptable Transition Matrix? Explain Your Answer
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Is This an Acceptable Transition Matrix? Explain Your Answer

Question 6

Question 6

Essay

Is this an acceptable transition matrix? Explain your answer.
| .3 .3 .4 0 |
| .2 .5 0 .3 |
| .1 .6 .2 .1 |

Correct Answer:

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(No, the number of ...

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