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    Exam 16: Markov Processes
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    A Transition Probability Describes
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A Transition Probability Describes

Question 27

Question 27

Multiple Choice

A transition probability describes


A) the probability of a success in repeated,independent trials.
B) the probability a system in a particular state now will be in a specific state next period.
C) the probability of reaching an absorbing state.
D) None of these are correct.

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