Markov chain
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
Markov process; Markov sequence; Markov chains; Markov analysis; Markovian process; Markovian property; Markov predictor; Markoff chain; Markov Chain; Markoff Chain; Transition probabilities; Absorbing state; Markov Chaining; Equilibrium distribution; Markov-Chain; Markhow chain; Irreducible Markov chain; Transition probability; Markov Chains; Homogeneous Markov chain; Markov Processes; Markov Sequences; Markov Process; Markovian chain; Embedded Markov chain; Positive recurrent; Transition density; Transitional probability; Markov text generators; Markov text; Applications of Markov chains
<
probability> (Named after
Andrei Markov) A model of
sequences of events where the probability of an event
occurring depends upon the fact that a preceding event
occurred.
A
Markov process is governed by a
Markov chain.
In
simulation, the principle of the
Markov chain is applied
to the selection of samples from a probability density
function to be applied to the model.
Simscript II.5 uses
this approach for some modelling functions.
[
Better explanation?]
(1995-02-23)