anonymous
  • anonymous
anyone willing to explain what is "Markov chain" to me?
Mathematics
jamiebookeater
  • jamiebookeater
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kropot72
  • kropot72
You might find the information here helpful: https://en.wikipedia.org/wiki/Markov_chain
dan815
  • dan815
"a stochastic model describing a sequence of possible events in which the probability of each event depends only on the state attained in the previous event."
BAdhi
  • BAdhi
A good example comes out from the queuing theory. If there is a n-length queue, if we assume that the queue can be modelled as a markov chain with n states, only one of the following states are possible as the next state 1- the length of the queue in the next instance is n-1 (decrease one state) 2- the length of the queue in the next instance is n+1 (increase in only one state) 3 - the length of the queue in the next instance is n (does not change) so this means from state -n, the state cannot jump to n+r with r being other than (0 ,1 or -1) on the next instance

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anonymous
  • anonymous
thanks

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