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The problem reads: Duke and Kansas go to the final four in the NCAA tournament fairly often.

Hi. I could use some assistance in setting up a problem for an assignment. The problem reads: Duke and Kansas go to the final four in the NCAA tournament fairly often. Set up a Markov Process for Duke and Kansas using probabilities based on their previous experiences. I'm drawing a blank on how to set this up. I assume the initial state matrix would be either team advances to the final four or does not. A and A'. I also assume that starts out at 50% each but could be wrong. I'm not sure the best way to set up the transition matrix. Is this something someone can provide assistance on? Thank you.

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