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In a Certain City, the Democratic, Republican, and Consumer Parties

question 102

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In a certain city, the Democratic, Republican, and Consumer parties have members of their parties on the city council. The probability of a member of this party winning in any election depends on the proportional membership of his/her party at the time of the election. The probabilities for all these parties winning are given by the following transition matrix P. Using the given transition matrix and assuming the initial-probability vector is In a certain city, the Democratic, Republican, and Consumer parties have members of their parties on the city council. The probability of a member of this party winning in any election depends on the proportional membership of his/her party at the time of the election. The probabilities for all these parties winning are given by the following transition matrix P. Using the given transition matrix and assuming the initial-probability vector is   , find the probability vectors for the next four steps of the Markov chain. Round all numerical values in your answer to four decimal places. ​   ​ A)    ,   ,   ,   B)    ,   ,   ,   C)    ,   ,   ,   D)    ,   ,   ,   E)    ,   ,   ,  , find the probability vectors for the next four steps of the Markov chain. Round all numerical values in your answer to four decimal places. ​ In a certain city, the Democratic, Republican, and Consumer parties have members of their parties on the city council. The probability of a member of this party winning in any election depends on the proportional membership of his/her party at the time of the election. The probabilities for all these parties winning are given by the following transition matrix P. Using the given transition matrix and assuming the initial-probability vector is   , find the probability vectors for the next four steps of the Markov chain. Round all numerical values in your answer to four decimal places. ​   ​ A)    ,   ,   ,   B)    ,   ,   ,   C)    ,   ,   ,   D)    ,   ,   ,   E)    ,   ,   ,


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