[问答题]
Austin allocates a por
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nnsbi2z.ljz +y m6t5 k 2kgz+*f his employment salary each month to investing and invests this money into two stock funds: A and B. He adjusts his investment portfolio each month accor
+ i2mnzz6j k t.sk*+b5nlyz2g ding to the following transition diagram.
1. Construct a transition matrix $\boldsymbol{T}$ with elements in decimal form.
2. Interpret the meaning of the elements with values
1. 0.1
2. 0.7
The initial state of his investment portfolio is 100 % in stock fund B.
3. 1. Find the investment proportion in stock fund A after 3 months.
2. Determine the long term steady state proportion of his investment between the two stock funds.