See Andrei Markov, Markov chain, Markov model, Markov process.
[mahr-kawf] /ˈmɑr kɔf/ noun, Statistics. 1. a restricted to discrete random events or to discontinuous time sequences. /ˈmɑːkɒf/ noun 1. (statistics) a sequence of events the probability for each of which is dependent only on the event immediately preceding it
- Markov model
probability, simulation A model or simulation based on Markov chains. (2000-10-29)
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.