Solution

ID: past-exam-of-the-mathematics-course-of-the-university-of-cambridge/2006/ii/paper-1/26j/a/solution

A conservative Q-matrix has for , finite exit rates , and hence row sums zero. It specifies the infinitesimal transition probabilities . For a finite state space,
The first derivative at zero is the generator. On infinite state spaces one must additionally address nonexplosion and the domains needed for the forward and backward equations.

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