A collection of all state probabilities for a given system at any given period of time is called the
A)transition probabilities.
B)vector of state probabilities.
C)fundamental matrix.
D)equilibrium condition.
E)None of the above

Question

Quizplus · Accepted Answer

A vector of state probabilities is a collection of all state probabilities for a given system at any given period of time. Transition probabilities refer to the probability of moving from one state to another in a Markov chain. The fundamental matrix is a matrix that can be used to calculate the expected number of times a system will be in a particular state before moving to another state. Equilibrium condition refers to the state where the probabilities of being in each state are constant over time.

A Collection of All State Probabilities for a Given System