If we want the expected number of time periods a chain is spent in state j given it started in state i, what are the steps for calculating this?

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

Multiple Choice

If we want the expected number of time periods a chain is spent in state j given it started in state i, what are the steps for calculating this?

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