Date: Apr 22, 2013 2:55 PM Author: Rich Delaney Subject: Markov equilibrium As I understand it, a Markov process is a probablisitic
sequence of state transiitons. It's completely specified
by the state transition matrix.
However, I sometimes see references to the
equlibrium condition, whether it's been reached,
etc. I don't get this, can anyone elaborate?