Analysis of a Markov process

Related MCQs

• Markov analysis is a technique that deals with the probabilities of future occurrences by
• In Markov analysis, we are concerned with the probability that the
• Markov analysis might be effectively used for
• The following is not an assumption of Markov analysis.
• Markov analysis assumes that conditions are both
• In Markov analysis, the likelihood that any system will change from one period to the next is revealed by the
• If we decide to use Markov analysis to study the transfer of technology,
• Markov analysis assumes that the states are both __________ and __________.
• In Markov analysis, state probabilities must
• Markov analysis is useful for: