A 5-state Markov chain with two classes {0,1,3} and {2,4} is ergodic.

Master the Casualty Actuarial Society MAS-1 Exam with flashcards and multiple choice questions, hints, and explanations. Get prepared for your exam!

Multiple Choice

A 5-state Markov chain with two classes {0,1,3} and {2,4} is ergodic.

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