Let $A=$A= | $5$5 | $7$7 | ||
$8$8 | $6$6 |
Use your calculator to find the following powers of $A$A:
$A^2=$A2= | $\editable{}$ | $\editable{}$ | ||
$\editable{}$ | $\editable{}$ |
$A^3=$A3= | $\editable{}$ | $\editable{}$ | ||
$\editable{}$ | $\editable{}$ |
$A^4=$A4= | $\editable{}$ | $\editable{}$ | ||
$\editable{}$ | $\editable{}$ |
For the matrices $A$A, $B$B and $C$C, use technology to calculate:
The following two states, $A$A and $B$B, and their transition probabilities are displayed in the diagram below.
For two states $M$M and $N$N, the percentage of each population that will transition to either state in the next period, are displayed in the diagram below.