In an examination question paper, all questions are 'True' or 'False' type. These are arranged in such a way that three-fourth of times a question with answer 'True' is followed by a question with answer 'True'. Also two-third of times a question with answer 'False' is followed by a question with answer 'False'. If the question paper has 100 questions, the approximate probability that the correct answer of the 100-th question is 'True', is
Part BCSIR NET December 2024the-stationary-share-not-the-transition-rate
The stationary share not the transition rate
Related counterexample: An irreducible chain with a stationary distribution converges to it
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The chapter behind this: Markov chains: classification and stationary behaviour — free to read
From Limit Theorems and Markov Chains › Markov chains: classification of states, stationary distributions