The matrix that is needed to compute equilibrium conditions when absorbing states are involved is called a(n)
A)transition matrix.
B)fundamental matrix.
C)equilibrium matrix.
D)absorbing matrix.

Question

Quizplus · Accepted Answer

The matrix that is needed to compute equilibrium conditions when absorbing states are involved is called a fundamental matrix. A transition matrix is used to describe the probabilities of moving from one state to another in a Markov chain. An equilibrium matrix does not exist as a specific term. An absorbing matrix does not exist as a specific term, although a matrix can be called an absorbing matrix if it contains absorbing states.

The Matrix That Is Needed to Compute Equilibrium Conditions When