Meaning of Markov process | Babel Free

Definitions

Any stochastic process for which the conditional probability distribution of future states depends only on the current state (and not on past states).

Equivalents

Examples

“It has been remarked in 1 that a Markov process with time reversal is again a Markov process.”

“The second part is written for probabilists and it studies the case where fast motions are certain Markov processes such as random evolutions and, in particular, diffusions.”

“2013, M. G. Shur, Markov Process, entry in Michiel Hazewinkel (editor), Encyclopaedia of Mathematics, Volume 6, page 102, In the theory of Markov processes most attention is given to homogeneous (in time) processes.”

CEFR level