Ask Question
20 November, 03:41

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.

+4
Answers (1)
  1. 20 November, 05:37
    0
    685686

    Step-by-step explanation:

    miya is correct
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers