4.1.10 late = 17 40° 4.1.10 Consider a Markov chain with transition probability matrix Po P1 P2 PN PN Po Pi PN-1 P PN-1 PN Po PN-2 PI P2 P3 Po where 0
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- Explain how you can determine the steady state matrix X of an absorbing Markov chain by inspection.43.10. Permanent disability is modeled as a Markov chain with three states: healthy (state 0), disabled (state 1), and dead (state 2). You are given the following transition forces: 0.05 5 (1) = 0.10 r>5 (i) 4, =0.02 (iii) p,-0.02 Calculate the probability that a healthy person age x will be dead at age x +10.Find the vector of stable probabilities for the Markov chain whose transition matrix is 0.3 0.7