Examveda

If a matrix of transition probability is of the order n*n, then the number of equilibrium equations would be.

A. n

B. n-1

C. n+1

D. None of the above

Answer: Option A

Solution (By Examveda Team)

If a matrix of transition probability is of the order n*n, then the number of equilibrium equations would be n.

This Question Belongs to Management >> Operations Research

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