Ünite Sınavı Soruları

When given a one-step transition matrix of a process, if the matrix is multiplied by 3 times with itself, what the result shows?

Which term completes the blank in the following sentence best? The ..................... pij(n) is the probability that a process in state j will be in state i after n additional transitions.

I.It has a special property that probabilities indicating how the process will evolve
in the future depending only on the present state of the process.

II.It indicates a decision to the decision maker.

III.It is used to analyse different decision situations, and the most well-known of these situations is “Brand Switching” in customer analysis.

Which one/ones above is/are correct about Markov analysis?

Which term completes the blank in the following sentence best? In ........................, events occur over time, and time can be dealt with either in discrete fashion or continuous fashion.

Which of the following is NOT an example of an stochastic process?

Which term completes the blank in the following sentence best?      ............... generally deals with decision making in the face of uncertainty about one future event.

Which of the following statements is true in a stochastic process?

Which of the followings are crucial elements for a stochastic processes?

1. Markov chain
2. Discrete time
3. Continous time
4. Probability
5. Arithmetic events

I.The chain does not stop changing.

II.The probabilities do not change with respect to time.

III. Limiting probability may converge to steady-state values that are independent of the initial state.

Which one/ones above is/are correct about "the steady-state (or limiting) behavior of a Markov chain"?

Which term completes the blank in the following sentence best? A transition matrix is called .............. if some power of the matrix includes all positive entries.

What are the probabilities of going from ones state to another called?

When does a transition matrix is called regular?