State J Is an Absorbing State If P_ij = 1

question 16

True/False

State j is an absorbing state if p_ij = 1.

---

Definitions:

Standard Error

A metric that quantifies the spread of sample averages around the mean of the entire population.

Confidence Level

A measure expressed as a percentage that indicates the probability that a confidence interval contains the true parameter value.

Population Mean

The mean of every value in a given population.

Population Variance

The average of the squared differences from the Mean, describing the variation of the entire population.