Logic behind the stationary distribution
Question
Suppose you are given the following transition matrix:
P = np.array([[0.15, 0.75, 0.10],
[0.95, 0.0, 0.05],
[0.45, 0.20, 0.35]])
Explain what a stationary distribution is and how to calculate it. Then, use the given transition matrix above and find the stationary distribution.