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      Lecture 7: Finite-state Markov Chains; The Matrix Approach
Description: The transition matrix approach to finite-state Markov chains is developed in this lecture. The powers of the transition matrix are analyzed to understand steady-state behavior.
(Courtesy of Shan-Yuan Ho. Used with permission.)
Instructor: Shan-Yuan Ho
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            Spring
            
              2011
            
          
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