Random walks and Markov chains

نویسندگان

  • Noah Siegel
  • Jonathan Shi
چکیده

This lecture discusses Markov chains, which capture and formalize the idea of a memoryless random walk on a finite number of states, and which have wide applicability as a statistical model of many phenomena. Markov chains are postulated to have a set of possible states, and to transition randomly from one state to a next state, where the probability of transitioning to a particular next state depends only on, and is determined fully by, the state that it is currently in. This last property of being memoryless and having the next state’s probabilities determined only by the current state is called the “Markov property”.

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تاریخ انتشار 2013