Multiple Choice
Which of the following is not an assumption of Markov processes?
A) The state variable is discrete.
B) There are a limited number of possible states.
C) The probability of changing states remains the same over time.
D) We can predict any future state from the previous state and the matrix of transition probabilities.
E) The size and the makeup of the system do not change during the analysis.
Correct Answer:

Verified
Correct Answer:
Verified
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