https://gpatargeter.com/wp-content/uploads/2021/07/logo.png00https://gpatargeter.com/wp-content/uploads/2021/07/logo.png2022-12-05 19:02:552022-12-05 19:02:55For the Transition matrix P= [ 0.5 0.5 ], solve the equation SP=S to find the stationary matrix S and…