In: Statistics and Probability
Problem 3:
Find the equilibrium distribution for each transition matrix.
a)
1/2 1/9 3/10
1/3 1/2 1/5
1/6 7/18 1/2
b)
2/5 0 3/4
0 2/3 1/4
3/5 1/3 0
Problem 4:
For either transition matrix in problem 3, find the other two eigenvalues with corresponding eigenvectors.
We would be looking at Question 3 both parts here as:
Question 3:
a) Let the equilibrium distribution of being in 3 states here be: X, Y and Z respectively.
From first row, we get here:
X = 0.5X + (1/9)*Y + 0.3Z
X = (2/9)Y + 0.6Z
From second row, we get here:
Y = (1/3)X + 0.5Y + 0.2Z
1.5Y = X + 0.6Z
X = 1.5Y - 0.6Z
Putting this value of X in the first equation, we get here:
1.5Y = (2/9)Y + 1.2Z
[(3/2) - (2/9)] Y = 1.2Z
(27 - 4)Y / 18 = 1.2Z
23Y = 21.6Z
Y = 21.6Z / 23
X = 1.5Y - 0.6Z = 1.5*21.6Z / 23 - 0.6Z = 0.8087 Z
Also sum of all probabilities should be 1. Therefore we get here:
X + Y + Z = 1
0.8087 Z + 0.9391 Z + Z = 1
Z = 0.3639
Y = 0.9391 Z = 0.3418
X = 0.8087 Z = 0.2943
Therefore the equilibrium distribution here is given as:
(0.2943, 0.3418, 0.3639)
b) Again let the equilibrium distribution be X, Y and Z respectively.
From first row, we get here:
X = 0.4X + 0.75Z
X = 1.25 Z
From second row, we get here:
Y = (2/3)Y + 0.25Z
Y = 0.75 Z
X + Y + Z = 1
1.25Z + 0.75Z + Z = 1
Z = 1/3
Therefore Y = 0.75/3 = 0.25
X = 1.25Z = 0.4167
Therefore the equilibrium distribution here is given as:
(0.4167, 0.25, 1/3)