Discover how Markov chains predict real systems, from Ulam and von Neumann’s Monte Carlo to PageRank, so you can grasp ...
Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. In today’s column, I closely examine an innovative way of ...
We consider a singularly perturbed (finite state) Markov chain and provide a complete characterization of the fundamental matrix. In particular, we obtain a formula for the regular part simpler than a ...
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