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  2. Matrix analytic method - Wikipedia

    en.wikipedia.org/wiki/Matrix_analytic_method

    [1] [2] Such models are often described as M/G/1 type Markov chains because they can describe transitions in an M/G/1 queue. [ 3 ] [ 4 ] The method is a more complicated version of the matrix geometric method and is the classical solution method for M/G/1 chains.

  3. Markov decision process - Wikipedia

    en.wikipedia.org/wiki/Markov_decision_process

    The "Markov" in "Markov decision process" refers to the underlying structure of state transitions that still follow the Markov property. The process is called a "decision process" because it involves making decisions that influence these state transitions, extending the concept of a Markov chain into the realm of decision-making under uncertainty.

  4. Markov chain - Wikipedia

    en.wikipedia.org/wiki/Markov_chain

    Also, the growth (and composition) of copolymers may be modeled using Markov chains. Based on the reactivity ratios of the monomers that make up the growing polymer chain, the chain's composition may be calculated (for example, whether monomers tend to add in alternating fashion or in long runs of the same monomer).

  5. Markov model - Wikipedia

    en.wikipedia.org/wiki/Markov_model

    In this context, the Markov property indicates that the distribution for this variable depends only on the distribution of a previous state. An example use of a Markov chain is Markov chain Monte Carlo, which uses the Markov property to prove that a particular method for performing a random walk will sample from the joint distribution.

  6. Continuous-time Markov chain - Wikipedia

    en.wikipedia.org/wiki/Continuous-time_Markov_chain

    This Markov chain is irreducible, because the ghosts can fly from every state to every state in a finite amount of time. Due to the secret passageway, the Markov chain is also aperiodic, because the ghosts can move from any state to any state both in an even and in an uneven number of state transitions.

  7. Uniformization (probability theory) - Wikipedia

    en.wikipedia.org/wiki/Uniformization...

    In probability theory, uniformization method, (also known as Jensen's method [1] or the randomization method [2]) is a method to compute transient solutions of finite state continuous-time Markov chains, by approximating the process by a discrete-time Markov chain. [2]

  8. Balance equation - Wikipedia

    en.wikipedia.org/wiki/Balance_equation

    For a continuous time Markov chain (CTMC) with transition rate matrix, if can be found such that for every pair of states and π i q i j = π j q j i {\displaystyle \pi _{i}q_{ij}=\pi _{j}q_{ji}} holds, then by summing over j {\displaystyle j} , the global balance equations are satisfied and π {\displaystyle \pi } is the stationary ...

  9. Markov reward model - Wikipedia

    en.wikipedia.org/wiki/Markov_reward_model

    In probability theory, a Markov reward model or Markov reward process is a stochastic process which extends either a Markov chain or continuous-time Markov chain by adding a reward rate to each state. An additional variable records the reward accumulated up to the current time. [1]