Please help me find the limiting distribution for the transition matrix above. Thanks!
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Originally Posted by icobes Please help me find the limiting distribution for the transition matrix above. Thanks! Your columns should add to one not your rows.
Originally Posted by dwsmith Your columns should add to one not your rows. The notation we use in our book has the rows add up to one.
Could you instead help me find the limit as n->infinite of the nth transition matrix of P[subscript]00[/subscript]
I'm not good at LaTex or whatever. let P = Pi for my notation purposes P0 = 0.5P0 + P1 P1 = 0.5P0 + 0.20P2 P2 = 0.2P2 P3 = 0.6P2 + P3 One of these equations is redundant so you can eliminate one and then just solve the system of equations.
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