How to do the simulation in MATLAB for this type of transition matrix using inverse?
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Hello,
Here is my transition matrix A=[1/3, 0, 1/3, 1/3;1/3, 1/3, 0, 1/3;1/3, 0,1/3,1/3; 0,1/3,1/3,1/3]
N=inv(I-A)
Can anyone show me how to simulate this N (Markov Chain) for 1000 and 5000 times? How to do the simulation in MATLAB for this type of matrix?
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