A model or simulation based on Markov chains.
noun, Statistics. 1. a process in which future values of a random variable are statistically determined by present events and dependent only on the event immediately preceding.
[mahr-kuh-wits] /ˈmɑr kə wɪts/ noun 1. Harry M, born 1927, U.S. economist: Nobel prize 1990. The author of the original Simscript language.
[mahrks-muh n] /ˈmɑrks mən/ noun, plural marksmen. 1. a person who is skilled in shooting at a mark; a person who shoots well. 2. Military. /ˈmɑːksmən/ noun (pl) -men 1. a person skilled in shooting 2. a serviceman selected for his skill in shooting, esp for a minor engagement 3. a qualification awarded in certain […]
- Marks the spot
Related Terms x marks the spot