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MustangGt94
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Homework Statement
Question: 18. Show that every 2 x 2 stochastic matrix has at least one steady-state vector. Any such matrix can be written as
P = |1-a b |
| a 1-b |
where a and b are constants between 0 and 1. (There are two linearly independent steady-state vectors if a = b = 0. Otherwise, there is only one.)
The Attempt at a Solution
I am guessing that they want me to show that the above matrix has a solution to the equation Px = x so that the steady state vector exists since there is a solution. My solution was that since a and b are other constants between 0 and 1 the matrix would have a solution?
Thank you for the help!