Probability transition matrices or brand switching, Mathematics

Define the Probability Transition Matrices or Brand switching.


Posted Date: 2/12/2013 4:58:23 AM | Location : United States

These are matrices whether the individual elements are in the form of probabilities. The probabilities signify the probability of one event following another event that is the probability of transition from one event to the next.

The probabilities of the different changes applied to the initial state by matrix multiplication, provide a forecast of the succeeding state. Usually a transition matrix is defined along with its columns adding upto one and state vectors as column vectors. In this type of case the succeeding state is found by pre-multiplying the transition matrix by the proceeding state as column vector

If the transition matrices are given along with their rows adding up to one so then the succeeding state is found by post multiplying the transition matrix, by the preceding state as row vector.

Posted by Aliena | Posted Date: 2/12/2013 4:59:02 AM

Related Discussions:- Probability transition matrices or brand switching, Assignment Help, Ask Question on Probability transition matrices or brand switching, Get Answer, Expert's Help, Probability transition matrices or brand switching Discussions

Write discussion on Probability transition matrices or brand switching
Your posts are moderated
Related Questions

find the equation to the sphere through the circle xsqaure+ysquare+zsquare+=9 , 2x+3y+4z=5

What is Deductive Reasoning ? Geometry is based on a deductive structure -- a system of thought in which conclusions are justified by means of previously assumed or proved sta

Assume that (X, d) is a metric space and let (x1, : : : , x n ) be a nite set of pointsof X. Elustrate , using only the de nition of open, that the set X\(x1, : : : , x n ) obtain

i can not figer out my homework it says "USE THE MAKE AN ORGANIZED LIST STRATEGY,Medeline bikes 4 laps around her neighborhood 2 times a week.How many laps does she bike in 8 weeks

Describe what is meant by each of the following NVH terms and explain their importance in vehicle refinement: (a)  Vibration absorber (b)  Fast Fourier Transform (c)  Whit

express the complex number z=5+i divide 2+3i in the form a+ib

how to simplify an expression which has different signs

What is Congruent Angles in Parallel Lines ? Postulate 4.1 (The Parallel Postulate) Through a given point not on a line there is exactly one line parallel to the line. T