2892概率中等derivationmedium
A Three-State Birth-Death Regime Chain
题目
Consider states Bull, Neutral, and Bear with transition matrix \[ P= \begin{pmatrix} 0.8 & 0.2 & 0\\ 0.3 & 0.4 & 0.3\\ 0 & 0.2 & 0.8 \end{pmatrix}. \] Find the stationary distribution.
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