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Other Fields Homework Help Management Topic started by: chimeric on Dec 18, 2017



Title: To find the equilibrium state in Markov analysis,
Post by: chimeric on Dec 18, 2017
To find the equilibrium state in Markov analysis,
A) it is necessary to know both the vector of state probabilities and the matrix of transition probabilities.
B) it is necessary only to know the matrix of transition probabilities.
C) it is necessary only to know the vector of state probabilities for the initial period.
D) one should develop a table of state probabilities over time and then determine the equilibrium conditions empirically.
E) None of the above


Title: Re: To find the equilibrium state in Markov analysis,
Post by: Vitat on Dec 18, 2017
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