time = weekly basis
initial matrix A B
[0.33 0.67]
transition matrix A B
A [0.92 0.08]
B [0.15 0.85] it's finding the steady-state vector using algebra
i hope this helps
hi, first-time user here
although this question deals with algebra, I feel that it pertains to matricies and probability more
basically, how do i find long term trends of a matrix with algebra?
ex. 2 competing soft drink companines cola A, and cola B presently have 1/3 and 2/3 shares...