We study a Gilbert-Elliott model with three states, a good one G, and short and long bad ones, BS and BL, respectively.

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We Study A Gilbert Elliott Model With Three States A Good One G And Short And Long Bad Ones Bs And Bl Respectively 1 (135.11 KiB) Viewed 39 times

We study a Gilbert-Elliott model with three states, a good one G, and short and long bad ones, BS and BL, respectively. P4 BS D 1- P2 1-pi ca G O BL 1-p3 a.) Enter the three missing transition probabilities into the Markov model. b.) Determine the average number of steps in the three states TG, Tbs, and TBL (derivation!). Hereto, count the transitions into and out of a state with 1/2. c.) Assume that 90 % of the bad states shall be short. Determine all parameters Pi, i = 1, ..., 4 from the average durations TG, Tbs, and TBL. =