subject
Mathematics, 13.03.2020 03:27 barclaybarnes07

A system can be in one of the three states 1, 2, and 3: In state 1 it operates most efficiently. In state 2 it is still working but its efficiency is lower than state 1. State 3 is the down state, the system no longer operating and has to be maintained. State changes can only occur after a fixed time unit of length 1. Transitions into the same state are allowed. If X denotes the state at , time n, then {X0, Xt,...} is assumed to be a Markov chain with transition matrix , (1-7v ) 1 2 3 V0.8 0.1 0.1\ 2 0 0.6 0.4 3 0.8 0 0.2 (a) Find the stationary state probabilities. _ (b) Suppose the system makes per unit time profits of $1000 in state 1, $600 in state 2, and loses $100 at state 3. Find long term mean profit per unit time.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Find the sum of the measure of the interior angles of a polygon of 9 sides ; of 32 sides
Answers: 1
question
Mathematics, 21.06.2019 16:00
For what value of x does 4x = (1/8) x + 5?
Answers: 1
question
Mathematics, 21.06.2019 22:00
The point of intersection of the diagonals of a rectangle is 4 cm further away from the smaller side then from the larger side of the rectangle. the perimeter of the rectangle is equal to 56 cm. find the lengths of the sides of the rectangle. 16 points answer quick
Answers: 1
question
Mathematics, 21.06.2019 23:00
Sam is picking fruit from a basket that contains many different kinds of fruit. which set of events is independent?
Answers: 1
You know the right answer?
A system can be in one of the three states 1, 2, and 3: In state 1 it operates most efficiently. In...
Questions
question
Biology, 16.07.2019 05:10
Questions on the website: 13722363