Results 1 to 2 of 2

Math Help - Markov Chain (transition matrix)

  1. #1
    Newbie
    Joined
    Mar 2009
    Posts
    1

    Markov Chain (transition matrix)

    Hey guys can anyone help me obtain the transition of the markov chain with states being the number of projects the architect has in hand at the beginning of a month.

    [

    An architect can handle up to 3 projects at once. During any month there is a
    probability of 0.5 of acquiring one new project (to start the next month) provided the architect knows that the project can be handled, otherwise no new projects are
    acquired. That is, the architect decides to take the honourable course of not taking on a new project for the next month unless it is known that it can be handled. Existing projects are equally-likely to finish by the start of the next month or to continue, independently of each other.
    Thank you
    Follow Math Help Forum on Facebook and Google+

  2. #2
    Flow Master
    mr fantastic's Avatar
    Joined
    Dec 2007
    From
    Zeitgeist
    Posts
    16,948
    Thanks
    5
    Quote Originally Posted by rmcf87 View Post
    Hey guys can anyone help me obtain the transition of the markov chain with states being the number of projects the architect has in hand at the beginning of a month.

    [

    Thank you
    Answered elsewhere (to the satisfaction of the OP).
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Markov chain transition matrix
    Posted in the Advanced Statistics Forum
    Replies: 4
    Last Post: May 18th 2009, 11:08 PM
  2. Markov chain transition matrix
    Posted in the Advanced Statistics Forum
    Replies: 3
    Last Post: May 15th 2009, 03:52 AM
  3. Transition matrix for Markov chain
    Posted in the Advanced Statistics Forum
    Replies: 0
    Last Post: May 8th 2009, 04:04 AM
  4. Markov Chain - Transition Matrix
    Posted in the Advanced Statistics Forum
    Replies: 0
    Last Post: April 9th 2009, 03:51 PM
  5. Transition Matrix (markov chain help)
    Posted in the Advanced Statistics Forum
    Replies: 0
    Last Post: April 1st 2009, 05:32 PM

Search Tags


/mathhelpforum @mathhelpforum