Search results with tag "Expected value and markov chains"

Expected Value and Markov Chains - aquatutoring.org

1 1! + 1 2! + 1 3! + = e: 2 Markov Chains A Markov Chain is a random process that moves from one state to another such that the next state of the process depends only on where the process is at present. Each transition is called a step. In a Markov chain, the next step of the process depends only on the present state and it does not matter how

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