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Business, 06.03.2020 19:41 help1219

An urn initially contains 2 balls, one of which is red and the other blue. At each stage a ball is randomly selected. If the selected ball is red, then it is replaced with a red ball with probability .7 or with a blue ball with probability .3; if the selected ball is blue, then it is equally likely to be replaced by either a red or blue ball. Tet X, equal 1 if the nth ball selected is red, and let it equal 0 other- ise Is {X,,n> 1} a Markov chain?

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An urn initially contains 2 balls, one of which is red and the other blue. At each stage a ball is r...

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