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Consider the markov chain with general 2nbsptimesnbsp2


Consider the Markov chain with general 2 × 2 transition matrix

P = 1 - a a.

b 1 - b

(a) Under what conditions is P absorbing?

(b) Under what conditions is P ergodic but not regular?

(c) Under what conditions is P regular?

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Basic Statistics: Consider the markov chain with general 2nbsptimesnbsp2
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