Markov analysis is a technique that deals with the probabilities of future occurrences by
A)using the simplex solution method.
B)analyzing currently known probabilities.
C)statistical sampling.
D)the minimal spanning tree.
E)None of the above

Question

Quizplus · Accepted Answer

Markov Analysis is based on analyzing currently known probabilities in a system or process to predict future occurrences. It is not related to the simplex solution method, statistical sampling, or the minimal spanning tree.

Markov Analysis Is a Technique That Deals with the Probabilities