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    Mathematics
  3. Study Set
    Finite Mathematics for Business Economics
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    Exam 9: Markov Chains
  5. Question
    Suppose That for a Certain Absorbing Markov Chain the Fundamental
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Suppose That for a Certain Absorbing Markov Chain the Fundamental

Question 19

Question 19

Multiple Choice

Suppose that for a certain absorbing Markov chain the fundamental matrix is found to be Suppose that for a certain absorbing Markov chain the fundamental matrix is found to be   What is the expected number of times a person will have $3, given that she started with $1? A)  0.5 B)  2.0 C)  1.5 D)  1.0 What is the expected number of times a person will have $3, given that she started with $1?


A) 0.5
B) 2.0
C) 1.5
D) 1.0

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