Finite Mathematics Quiz
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MATRICES AND LINEAR ALGEBRA TOOLS
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A Markov chain has the transition matrix T=(10.50000.500.50.5)T = \begin{pmatrix} 1 & 0.5 & 0 \\ 0 & 0 & 0.5 \\ 0 & 0.5 & 0.5 \end{pmatrix}. Which statement accurately describes the long-term behavior of this system?
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