Matlab program for determining state transition matrix

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Reference no: EM131302321

We know that Π_ss can be determined by raising the state transition probability matrix to a high power. As yet another method for solving this problem, recognize that Π_ss = Π_ssA implies that Π_ss is an eignvector of A. Using this observation, develop a MATLAB program for determining Π_ss given the state transition matrix A. Apply this technique to

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Reference no: EM131302321

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