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Suppose a Markov process with the set of states A is reversible and has steady-state probabilities pi, i ∈ A. Let B be a subset of A and assume that the process is changed by setting qij = 0 for all i ∈ B, j ∈/ B. Assuming that the new process (starting in B and remaining in B) is irreducible, show that the new process is reversible and find its steady-state probabilities.
What would be the predicted median household income if the percentage of the population in the state were 50% or 50?
Explain primary data and describe at least three types and how they are gathered. Explain the financial aspect of secondary data. How has the internet changed research processes
individual project most businesses can benefit from statistical process controls to ensure consistency in product or
Discuss the differences between markets and central planning. Does this issue have anything to do with the demise of the Soviet Union? Explain.
What type of information does managerial accounting provide? What type of information does financial accounting provide?
Review your organization Toyota and its treatment of allocated costs. Retrieve any report in the organization that allocates common costs to a division, product, or service. Recast that report with unallocated costs and comment on the usefulness o..
What is the score of Telephone, what is the score of Cellular and what is the score of Cable
You anticipate that your presentation with PiggyBank will go well, and want to get ideas for collecting data. Go to the Discussion Board and discuss data collection methods with your peer/mentor group.
Your firm has been hired to help ABC Company to estimate the cost of common equity. The yield on the firm's bonds is 5.75%, and your firm's economists believe that the cost of common equity can be estimated using a risk premium of 2.5% over a firm..
What are the degrees of freedom for regression
Given the following linear revenue function and quadratic cost function for a business firm, calculate the break - even quantity, total revenue, total cost and profit at break even level of production.
1. sam lucarelli owner of lucarelli products is evaluating whether to produce a new product line. after thinking
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