Template:Continuous Markov Chain: Difference between revisions

Latest revision as of 00:00, 31 March 2015

Revision as of 16:50, 16 February 2015 (view source) Melinda Caroline (talk \| contribs) No edit summary ← Older edit		Latest revision as of 00:00, 31 March 2015 (view source) John Leavitt (talk \| contribs) (This template was not being used.)
Line 1:		Line 1:
	A Markov chain diagram is the graphical representation of a system that can be in various states, including the possible transitions between those states. Each state block represents a state, while each transition line represents a fixed probability (discrete Markov) or constant transition rate (continuous Markov) to move from one state to another.		[[Category: For Deletion]]

	In continuous Markov diagrams, the system does not proceed according to fixed steps, but instead is time-based. The constant rates at which the system's states transition are given using exponential distributions.