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11. Markov Chains (MCs) 2

11. Markov Chains (MCs) 2. Courtesy of J. Bard, L. Page, and J. Heyl. 11.2.1 n-step transition probabilities (review). Transition prob. matrix. n-step transition prob. from state i to j is n-step transition matrix (for all states) is then For instance, two step transition matrix is.

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11. Markov Chains (MCs) 2