Q119·Section III (Statistics)·119 of 180Stationary distributions of two-state chainsThe transition probability matrices of Markov chains with state space S={1,2}S=\{1,2\}S={1,2} are P1=(1001),P2=(0110),P3=(12122313),P4=(121201).P_1=\begin{pmatrix}1&0\\0&1\end{pmatrix},\quad P_2=\begin{pmatrix}0&1\\1&0\end{pmatrix},\quad P_3=\begin{pmatrix}\tfrac12&\tfrac12\\\tfrac23&\tfrac13\end{pmatrix},\quad P_4=\begin{pmatrix}\tfrac12&\tfrac12\\0&1\end{pmatrix}.P1=(1001),P2=(0110),P3=(21322131),P4=(210211). Which Markov chains have a stationary distribution given by (12,12)\left(\tfrac12,\tfrac12\right)(21,21)? OptionsAP1P_1P1, P3P_3P3BP1P_1P1, P2P_2P2CP1P_1P1, P4P_4P4DP2P_2P2, P3P_3P3Pick an option to check your answer.Show answerShow solution Report a problem with this question← Q118All questionsQ120 →Keyboard: A–D answer · S solution · ←/→ previous/next