Which of the following is not one of the assumptions of Markov analysis:
A) There are a limited number of possible states
B) A future state can be predicted from the preceding one
C) There are limited number of future periods
D) All of the above

Question

Quizplus · Accepted Answer

Markov analysis assumes there are a limited number of states and that a future state depends only on the current state, not on the sequence of events that preceded it. It does not inherently limit the number of future periods for analysis.

Which of the Following Is Not One of the Assumptions