SOLVED: 5) Consider a Markov chain with state space 1,2,3,4,and transition matrix P described by P12 1, P23 1,P24 2 ,P31 = 1, P4z P43 with all other entries 0. Determine which of the states 1,2,3,and 4 are recurrent and which are transient; Justify your answer 6) Consider a Markov chain with state space the set of nonnegative integers and transition matrix P described by Pij = pif j = i 1, Pij = 1-p ifj = i -1 i2 1, Poo = 1-p, Pij = 0 otherwise; for some given number p, <p < 1. Determine whe
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