In: Statistics and Probability
Consider a birth-and-death process with three states 0, 1,2 for which the steady state probabilities are P0, P1 and P2. The process summarized as follows.
| State | Birth Rate | Death Rate | 
| 0 | 3 | - | 
| 1 | 5 | 8 | 
| 2 | 0 | 5 | 
-Construct rate diagram
-Develop balance equations and find P values