subject
Mathematics, 19.02.2020 19:59 jtal

Make a Markov chain model of a poker game where the states are the number of dollars a player has. With probability .3 a player wins 1 dollar in a period, with probability .4 a player loses 1 dollar, and with probability . 3 a player stays the same. The game ends if the player loses all his or her money or if the player has 6 dollars (when the game ends, the Markov chain stays in its current state forever). The Markov chain should have seven states, corresponding to the seven different amounts of n1oney: 0, I , 2, 3, 4, 5, or 6 dollars. If you now have $2, what is your probability distribution in the next round? In the round after that?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 12:30, hsnak
What is the value of 1/3x + 7x when x = 5
Answers: 1
image
Mathematics, 21.06.2019 22:50, Yangster9305
Ur environment is very sensitive to the amount of ozone in the upper atmosphere. the level of ozone normally found is 4.04.0 parts/million (ppm). a researcher believes that the current ozone level is not at a normal level. the mean of 2525 samples is 4.44.4 ppm with a standard deviation of 0.80.8. assume the population is normally distributed. a level of significance of 0.020.02 will be used. make the decision to reject or fail to reject the null hypothesis. answer tables
Answers: 3
image
Mathematics, 22.06.2019 00:50, NayeliNoel
E. which of the following is not a possible probability? a. 25/100 b. 1.25 c. 1 d. 0
Answers: 1
image
Mathematics, 22.06.2019 03:10, erinleyanne
If f(x) = 5х – 2 and g(x) = 2х + 1, find (f – g)(x).
Answers: 1
You know the right answer?
Make a Markov chain model of a poker game where the states are the number of dollars a player has. W...

Questions in other subjects: