Ok, i'm lost. I've an exam coming up so could so with a speedy reply.(adsbygoogle = window.adsbygoogle || []).push({});

This whole transition matrix stuff is not explained at all in our lecture notes. Here's an example question:

"Suppose that a country has a fixed number of voters, all of whom vote for

either party D or party R. Every year, 1/4 of D voters change to party R and 1/3 of R voters switch to party D. Let xn and yn represent the proportions of

D and R voters respectively after n years (so that xn + yn = 1).

(a) Find the transition matrix T for this process.

(b)Explain the term ”steady state”, and find the steady state in this problem.

(c)Show that xn and yn tend to the steady state values as n goes to infinite, regardless

of the values of x0 and y0."

I dont even know what the matrix is suppose to look like...

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# Homework Help: Steady state transition matrix

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