Define the following terms as used in Markovian analysis: i) Transition matrix. ii) Initial Probability vector iii) Equilibrium iv) Absorbing state

Define the following terms as used in Markovian analysis:
i) Transition matrix.
ii) Initial Probability vector
iii) Equilibrium
iv) Absorbing state

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i) Transition matrix is that which contains the probabilities of moving from any one state to another.
ii) Initial probability vector is the vector that contains the current state before transition.
iii) Equilibrium state is the state that a system settles on in the long run.
iv) Absorbing state is one in which cannot be left once entered. It has a transition probability of unity
to itself and of zero to other states.

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Mutiso answered the question on December 6, 2018 at 07:15

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