Finding a Markov Chain steady state using VBA

Finding the steady state of a process modeled using a Markov Chain uses repeated matrix multiplication. You can do it by hand in a worksheet, but it’s much easier if you’re able to use Excel VBA (Visual Basic for Applications). In this movie, I’ll show you how to create an Excel VBA function you can use in your workbooks.
You can download the sample file I use from www.curtisfrye....
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