STEM Lessons for College Students

Markov Chains, Part 3 – Regular Markov Chains

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Markov Chains, Part 3.
In this video, I look at what are known as stationary matrices and steady-state Markov chains. We illustrate these ideas with an example. I also introduce the idea of a regular Markov chain, but do not discuss them in depth (I discuss them in the next video).

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