Discrete-Time Stochastic Processes Example

Discrete Time Markov Chains | Stochastic Processes

The first video in a series on Stochastic processes. Today we cover DTMCs and how to calculates the stationary distribution and other basic probabilities. Below are some additional resources: https://en.wikipedia.org/wiki/Discrete-time_Markov_chain https://www.stat.auckland.ac.nz/~fewster/325/notes/ch8.pdf https://asarantsev.github.io ...

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