This is a preview. Log in through your library . Abstract If a finite Markov chain (discrete time, discrete states) has a number of absorbing states, one of these will eventually be reached. In this ...
A Markov chain is a sequence of random variables that satisfies P(X t+1 ∣X t ,X t−1 ,…,X 1 )=P(X t+1 ∣X t ). Simply put, it is a sequence in which X t+1 depends only on X t and appears before X t−1 ...
Tong (1975) has proposed a procedure for estimating the order of a Markov chain based on Akaike's information criterion (AIC). In this paper, the asymptotic distribution of the AIC estimator is ...
Brief review of conditional probability and expectation followed by a study of Markov chains, both discrete and continuous time. Queuing theory, terminology, and single queue systems are studied with ...