The transition matrix elements remain positive from one point to the next. This property is known as:
A. Steady-state property
B. Equilibrium property
C. Regular property
D. All of the above
Answer: Option C
Solution (By Examveda Team)
The transition matrix elements remain positive from one point to the next. This property is known as Regular property. A transition matrix (stochastic matrix) is said to be regular if some power of T has all positive entries.This Question Belongs to Management >> Operations Research
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