Solved

Which of the Following Is not an Assumption or a Characteristic

Question 15

Multiple Choice

Which of the following is not an assumption or a characteristic of a Markov Process?


A) The transition probabilities are the same for any customer.
B) The transition probabilities will remain constant over time.
C) The probability of being in a particular state at any one time period depends only on the state immediately preceding it.
D) In a transition matrix, sum of the row probabilities must sum to one.
E) In a transition matrix, sum of the column probabilities must sum to one.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions