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chimeric chimeric
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6 years ago
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
Textbook 
Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
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VitatVitat
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6 years ago
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chimeric Author
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6 years ago
Helped a lot
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Correct Slight Smile TY
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