Abstract

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A STUDY ON MARKOV CHAIN WITH TRANSITION DIAGRAM

M. Reni Sagayaraj, A. Michael Raj, G. Sathiyavani


Stochastic processes have many useful applications and are taught in several university programmers. In this paper we are using stochastic process with complex concept on Markov chains which uses a transition matrix to plot a transition diagram and there are several examples which explains various type of transition diagram. The concept behind this topic is simple and easy to understand.