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What is Markov Chains or Processes?
Here we have considered the following points. 1. Mathematics is omnipresent, powerful and beautiful. 2. Mathematics is useful in all spheres of life. 3. Mathematics can al
how does proportionality work
how to see shares and dividends of a company and are they seen day wise?
Find the volume of a cylinder of radius r and height h. Solution : Here, as we mentioned before starting this illustration we actually don't require using an integral to get t
Q. What is set theory? Define universal set? Ans. The universe , or universal set , written as U , is the set that contains all elements being considered in a given dis
Mike sells on the average 15 newspapers per week (Monday – Friday). Find the probability that 2.1 In a given week he will sell all the newspapers
If the points for a right angle triangle are XYZ where do I mark the points?
Interpretation A high value of r as +0.9 or - 0.9 only shows a strong association among the two variables but doesn't imply that there is a causal relationship that is
core competency vs diversification
I am working for supermarket chain and responsible for the customer relationship management.The chain is planning to open exclusive thirst quenching service centers.These outlets w
The Markov processes are described as a set of trials which follow a specific sequence that depend on a given set of probabilities identified as transition probabilities. These probabilities show how a particular activity or product moves from one state to another.
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