2. Consider the one sided random walk with states 1, 2, ·... Assume that the Markov chain has a probability of 0.7 of moving one step to the right, and a probability of 0.3 of moving 1 step to the left (P1,1 = 0.3), find the probability that the system eventually returns to 1, given that it starts at 1.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter3: Matrices
Section3.7: Applications
Problem 16EQ
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2. Consider the one sided random walk with states 1, 2, · ... Assume that the Markov chain
has a probability of 0.7 of moving one step to the right, and a probability of 0.3 of moving
1 step to the left (P1,1 = 0.3), find the probability that the system eventually returns to
1, given that it starts at 1.
Transcribed Image Text:2. Consider the one sided random walk with states 1, 2, · ... Assume that the Markov chain has a probability of 0.7 of moving one step to the right, and a probability of 0.3 of moving 1 step to the left (P1,1 = 0.3), find the probability that the system eventually returns to 1, given that it starts at 1.
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