Question

In: Math

In Problem is there a unique way of filling in the missing probabilities in the transition diagram? If so, complete the transition diagram and

In Problem is there a unique way of filling in the missing probabilities in the transition diagram? If so, complete the transition diagram and write the corresponding transition matrix. If not, explain why.

 

 

Solutions

Expert Solution

Part A

The probability of transition from A to A

= 1- probability of transition from A to B - probability of transition from A to C

= 1 - 0.3 - 0.5 

0.2

 

Part B

The probability of transition from B to C

= 1 - 0.2 - 0.3 

0.5

 

Part C

The probability of transition from C to B

= 1 - 0.2 - 0.6

0.2

 

Transition matrix

  A B C
A 0.2 0.3 0.5
B 0.2 0.3 0.5
C 0.6 0.2 0.2

A. The probability of transition from A to A is 0.2.

B. The probability of transition from B to C is 0.5.

C. The probability of transition from C to B is 0.2.

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