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    Quantitative Methods for Business Study Set 1
  4. Exam
    Exam 17: Markov Processes
  5. Question
    At Steady State A)\(\pi\) <Sub>1</sub>(n+1)>\(\pi\) <Sub>1</sub>(n) B)\(\pi\) <Sub>1</sub> =\(\pi\) <Sub>2</sub> C)
Solved

At Steady State
A) π\piπ 1(n+1)> π\piπ 1(n)
B) π\piπ 1 = π\piπ 2
C)

Question 15

Question 15

Multiple Choice

At steady state


A) π\piπ 1(n+1) > π\piπ 1(n)
B) π\piπ 1 = π\piπ 2
C) π\piπ 1 + π\piπ 2 > 1
D) π\piπ 1(n+1) = π\piπ 1

Correct Answer:

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