Mathematics, 20.02.2020 22:58 ayani144

Jeff is at the local casino. As long as he has a single dollar or more, he repeatedly plays a game where the probability of gaining a dollar is 1/3 and the probability of losing a dollar is 2/3. If he ever runs out of money, he goes home and asks his mum for another dollar. Consider this to also be a transition, that is P(0, 1)Calculate the stationary distribution of this chain.

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Jeff is at the local casino. As long as he has a single dollar or more, he repeatedly plays a game w...