When absorbing states exist, the fundamental matrix is used to compute equilibrium conditions.
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Q12: An equilibrium condition exists if the state
Q13: The vector of state probabilities gives the
Q14: Markov analysis is a technique that deals
Q15: The probabilities in any column of the
Q16: The vector of state probabilities for any
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
Q22: One of the purposes of Markov analysis
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