subject
Mathematics, 20.02.2020 22:58 ayani144

Jeff is at the local casino. As long as he has a single dollar or more, he repeatedly plays a game where the probability of gaining a dollar is 1/3 and the probability of losing a dollar is 2/3. If he ever runs out of money, he goes home and asks his mum for another dollar. Consider this to also be a transition, that is P(0, 1)Calculate the stationary distribution of this chain.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Alicia puts $400 in a bank account. each year the account earns 5% simple interest. how much money will be in her bank account in six months?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Ineed no it anyone can see this
Answers: 1
question
Mathematics, 21.06.2019 23:10
Frank is lending $1,000 to sarah for two years. frank and sarah agree that frank should earn a real return of 4 percent per year. instructions: a. the cpi (times 100) is 100 at the time that frank makes the loan. it is expected to be 113 in one year and 127.7 in two years. what nominal rate of interest should frank charge sarah?
Answers: 3
question
Mathematics, 21.06.2019 23:30
Which number is located at point a on the number line? a number line is shown from negative 10 to 10 with each interval mark on the number line representing one unit. point a is labeled one interval mark to the right of negative 5.
Answers: 1
You know the right answer?
Jeff is at the local casino. As long as he has a single dollar or more, he repeatedly plays a game w...
Questions
question
Mathematics, 12.11.2019 03:31
question
Mathematics, 12.11.2019 03:31
Questions on the website: 13722361