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  2. Examples of Markov chains - Wikipedia

    en.wikipedia.org/wiki/Examples_of_Markov_chains

    A game of snakes and ladders or any other game whose moves are determined entirely by dice is a Markov chain, indeed, an absorbing Markov chain. This is in contrast to card games such as blackjack, where the cards represent a 'memory' of the past moves. To see the difference, consider the probability for a certain event in the game.

  3. Markov chain - Wikipedia

    en.wikipedia.org/wiki/Markov_chain

    In his first paper on Markov chains, published in 1906, Markov showed that under certain conditions the average outcomes of the Markov chain would converge to a fixed vector of values, so proving a weak law of large numbers without the independence assumption, [16] [17] [18] which had been commonly regarded as a requirement for such ...

  4. Markov chain Monte Carlo - Wikipedia

    en.wikipedia.org/wiki/Markov_chain_Monte_Carlo

    In statistics, Markov chain Monte Carlo (MCMC) is a class of algorithms used to draw samples from a probability distribution.Given a probability distribution, one can construct a Markov chain whose elements' distribution approximates it – that is, the Markov chain's equilibrium distribution matches the target distribution.

  5. Kemeny's constant - Wikipedia

    en.wikipedia.org/wiki/Kemeny's_constant

    Kemeny wrote, (for i the starting state of the Markov chain) “A prize is offered for the first person to give an intuitively plausible reason for the above sum to be independent of i.” [2] Grinstead and Snell offer an explanation by Peter Doyle as an exercise, with solution “he got it!” [8] [9]

  6. Markov model - Wikipedia

    en.wikipedia.org/wiki/Markov_model

    A Tolerant Markov model (TMM) is a probabilistic-algorithmic Markov chain model. [6] It assigns the probabilities according to a conditioning context that considers the last symbol, from the sequence to occur, as the most probable instead of the true occurring symbol.

  7. Slice sampling - Wikipedia

    en.wikipedia.org/wiki/Slice_sampling

    Slice sampling is a type of Markov chain Monte Carlo algorithm for pseudo-random number sampling, i.e. for drawing random samples from a statistical distribution.The method is based on the observation that to sample a random variable one can sample uniformly from the region under the graph of its density function.

  8. Discrete-time Markov chain - Wikipedia

    en.wikipedia.org/wiki/Discrete-time_Markov_chain

    A Markov chain with two states, A and E. In probability, a discrete-time Markov chain (DTMC) is a sequence of random variables, known as a stochastic process, in which the value of the next variable depends only on the value of the current variable, and not any variables in the past.

  9. 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.