Markov Chain, Applied Statistics

Assignment Help:
Each weekend, Derek either reads a book (B), goes to the cinema (C), visits
his local museum (M), or plays squash (S). If he reads a book one weekend,
then he will take part in one of the other activities the next weekend, each
with the same probability. After going to the museum or to the cinema, he
always either plays squash or reads a book the next weekend, and he is twice
as likely to play squash as he is to read a book. The weekend after playing
squash, he always goes to the cinema.
(i) Write down the matrix of transition probabilities for the Markov chain
for Derek’s weekend activities.
(ii) One weekend, Derek reads a book.
(1) What is the probability that he goes to the cinema the next
weekend?
(2) Calculate the probability that he plays squash in two weeks’ time.
(3) Calculate the probability that he goes to the cinema next weekend
and plays squash in two weeks’ time.
(iii) In the long run, what proportion of weekends does Derek spend on each
of the activities? Show all the steps in your solution, and give your
answers either as fractions or correct to three decimal places.
(iv) If Derek visits the museum one weekend, what is the expected number
of weeks until he next visits the museum?
Immediately on returning from a holiday, Derek always either visits the
museum or plays squash, each with the same probability.
(v) Calculate the probability that he will play squash:
(1) one weekend later;
(2) two weekends later;
(3) three weekends later.
(vi) Find an approximate value for the probability that he will play squash

Related Discussions:- Markov Chain

Descriptive statistics for every stock, Simple Linear Regression One ca...

Simple Linear Regression One calculate of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over

Variance, Variance The term variance was used to describe the square of...

Variance The term variance was used to describe the square of the standard deviation by R.A.Fisher. The concept of variance is highly important in areas where it is possible to

X-bar charts, First we look at these charts assuming that we know both the ...

First we look at these charts assuming that we know both the mean and the standard deviation of the process, that is  μ and  σ . These values represent the acceptable values (bench

Utility function, The decision maker ranks lotteries according to the utili...

The decision maker ranks lotteries according to the utility function (i) State the independence assumption. Does this decision maker satisfy it? (ii) Is this decision ma

Measurement error models., how can we use measurement error method with eig...

how can we use measurement error method with eight responses variables (we do not have explanatory variable in the data )?.the data analyse 521 leaves ..

Latin Square design, what is the the Latin Square design? What is its appli...

what is the the Latin Square design? What is its application in research? please explain this term with very simple but with detailed explanation for effective understanding. I hav

Hydraulic actuator design matrix, The range of actuator design parameters h...

The range of actuator design parameters have been provisionally assessed and are presented in Table (3). You are required to determine the following parameters: The circumfer

Implement a simple k-means method, There exists an unclassified data set wi...

There exists an unclassified data set with hidden data structures in it. The task in this assignment is to perform comprehensive Cluster Analysis in order to reveal the structures

Multiple correspondence analysis, Correspondence analysis is an exploratory...

Correspondence analysis is an exploratory technique used to analyze simple two-way and multi-way tables containing measures of correspondence between the rows and colulnns of an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd