The transition matrix P is constructed such that the entry in row i and column j represents the probability of moving from state i to state j. Each row must sum to 1.
Conditions: The Markov chain has a finite number of states.; The state diagram shows all possible transitions and their probabilities.
The transition matrix P is constructed such that the entry in row i and column j represents the probability of moving from state i to state j. Each row must sum to 1.
Conditions: The Markov chain has a finite number of states.; The state diagram shows all possible transitions and their probabilities.