Markov chains or processes, Mathematics

What is Markov Chains or Processes?

Posted Date: 2/12/2013 5:20:53 AM | Location : United States

The Markov processes are described as a set of trials which follow a specific sequence that depend on a given set of probabilities identified as transition probabilities. These probabilities show how a particular activity or product moves from one state to another.

Posted by | Posted Date: 2/12/2013 5:21:21 AM

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