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A transition probability describes a.the probability of reaching an absorbing state. b.the probability of a success...

A transition probability describes

a.the probability of reaching an absorbing state.

b.the probability of a success in repeated, independent trials.

c.the probability a system in a particular state now will be in a specific state next period.

d.None of these choices are correct

please just write the answer for me

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Answer #1

B) Transition Probabilities transition one-step probability is the probability of transitioning from one state to another in a single step.

The Markov chain is homogeneous if the probability ransition from one state to another are independent of time index .

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