Which of the following is not an assumption of Markov processes?
A) The state variable is discrete.
B) There are a limited number of possible states.
C) The probability of changing states remains the same over time.
D) We can predict any future state from the previous state and the matrix of transition probabilities.
Correct Answer:
Verified
Q35: In a tree diagram, the numbers associated
Q36: The probability that we will be in
Q37: The state probabilities for n periods in
Q38: Collectively exhaustive means that a system can
Q39: If you are in an absorbing state,
Q41: The copy machine in an office is
Q42: The initial values for the state probabilities
A)are
Q43: What do we do when solving for
Q44: If we want to use Markov analysis
Q45: The weather is becoming important to you
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents