Markov Chains

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    Chapter 8 Markov Chains ( 19 videos)  (Practice Test)

      8.1: States, Transitions, Transition Diagrams and Transition Matrices (Practice Test)
      Markov Chain Model
    1. Markov Chain Model
      2. Problem on Markov Chain Model
    2. Problem on Markov Chain Model
      3. Transition Matrix to Transition Diagram
    3. Transition Matrix to Transition Diagram
      4. Word problem on Transition Matrix
    4. Word problem on Transition Matrix
      5. Finding State Matrix
    5. Finding State Matrix
      6. Application of Markov Chain in Businesses
    6. Application of Markov Chain in Businesses
      7. Application of Markov Chain in Life Science
    7. Application of Markov Chain in Life Science
      8.2: Basic Properties of Markov Chains
      Using Tree Diagram Find Two Step Transition Matrix P(2)
    1. Using Tree Diagram Find Two Step Transition Matrix P(2)
      8.3: Regular Markova Chains (Practice Test)
      Finding a stationary matrix
    1. Finding a stationary matrix
      2. Regular Markov Chain
    2. Regular Markov Chain
      3. Problem on regular Markova chain
    3. Problem on regular Markova chain
      4. Application of regular Markova chain in economics
    4. Application of regular Markova chain in economics
      5. Application of regular Markova chain in businesses
    5. Application of regular Markova chain in businesses
      8.4: Absorbing Markov Chains (Practice Test)
      Absorbing Markova chain
    1. Absorbing Markova chain
      2. limiting matrix and standard form in absorbing Markova chain
    2. limiting matrix and standard form in absorbing Markova chain
      3. stationary matrix in absorbing Markova chain
    3. stationary matrix in absorbing Markova chain
      4. Application of absorbing Markova chain
    4. Application of absorbing Markova chain
      5. more on application of absorbing Markov chain
    5. more on application of absorbing Markov chain
      6. Properties of Limiting Matrix in absorbing Markova chain
    6. Properties of Limiting Matrix in absorbing Markova chain