A Markov chain is a sequence of random variables that satisfies P(X t+1 ∣X t ,X t−1 ,…,X 1 )=P(X t+1 ∣X t ). Simply put, it is a sequence in which X t+1 depends only on X t and appears before X t−1 ...
A Markov Chain is a sequence of random values whose probabilities at a time interval depends upon the value of the number at the previous time. A Markov Chain is a sequence of random values whose ...