At any period n, the state probabilities for the next period n+1 is given by the following formula:
A) n(n+1)=n(n)Pn
B) n(n+1)=n(0)P
C) n(n+1)=(n+1)P
D) n(n+1)=n(n)P

Question

Quizplus · Accepted Answer

The correct formula for updating state probabilities from period n to period n+1 is given by multiplying the state probabilities at period n by the transition probability matrix P, which is represented as n(n+1) = n(n)P. This formula is used in Markov chains to predict future state probabilities based on current probabilities and transition probabilities.

At Any Period N, the State Probabilities for the Next