One of the purposes of Markov analysis is to predict the future.
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Q17: When absorbing states exist, the fundamental matrix
Q18: The four basic assumptions of Markov analysis
Q19: "Events" are used to identify all possible
Q20: In the matrix of transition probabilities, Pij
Q21: In Markov analysis, the vector of state
Q23: One of the problems with using the
Q24: A matrix of transition probabilities is of
Q25: The matrix of transition probabilities gives the
Q26: Occasionally, a state is entered that will
Q27: A collection of all state probabilities for
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