Markov Chains

Data Skeptic

• Episode: Markov Chains
• Website: Data Skeptic
• Feed URL: https://dataskeptic.com/api/blog/rss
• Published: 2015-03-20 01:00

This episode introduces the idea of a Markov Chain. A Markov Chain has a set of states describing a particular system, and a probability of moving from one state to another along every valid connected state. Markov Chains are memoryless, meaning they don't rely on a long history of previous observations. The current state of a system depends only on the previous state and the results of a random outc