Markov chain
Concept
stochastic model describing a sequence of possible events in which the probability of each event depends only on the state attained in the previous event
Mentioned in 3 videos
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Videos Mentioning Markov chain
E-Sourcing: Impact of Non-Price Attributes Strategic Bidding and Learning
GoogleTalksArchive
A mathematical model used to analyze the dynamic bidding behavior and learning of suppliers between auctions.
Dileep George: Brain-Inspired AI | Lex Fridman Podcast #115
Lex Fridman
A mathematical model describing a sequence of possible events in which the probability of each event depends only on the state attained in the previous event, used in Shannon's model of English text.
TU Wien Rendering #33 - Metropolis Light Transport
Two Minute Papers