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"Waiting to be sold: researchers develop model to predict probability of home sales." ScienceDaily. ScienceDaily, 18 March 2017. <www.sciencedaily.com / releases / 2017 / 03 / 170314135449.htm>.
The group elected to use a Markov model, which incorporates pseudo-randomly changing parameters in the modeling system, one example being the SARS-CoV-2 reproduction number.
A prediction model from the global financial services firm JPMorgan Chase, analyzed by Bloomberg, suggests that the probability of an economic downturn has grown to 31 percent from 17 percent at ...
A model for the transition probability matrices (t.p.m.'s) of finite discrete Markov chains is suggested which may help those who wish to use a larger number of states than would seem reasonable with ...