{"product_id":"solved-problems-on-markov-chains-alicia-corbacho-szanchez-9786206843801","title":"Solved problems on Markov chains","description":"Markov chains have many applications, ranging from modeling communication networks to analyzing stock prices, Markov chains can be used in market research studies, they can model the probabilities of claims for insurance, they are used in the fields of public health and medicine, also they are used in ranking of websites in web searches. In general, Markov chains are particularly useful in modeling systems that have a finite number of states and transitions between those states and can be used to analyze and predict the long-term behavior of such systems.Most books on Markov chains are dedicated to reviewing theoretical concepts. The objective of this work is to make available to students and teachers a collection of solved problems on discrete-time Markov chains. In this sense, the work consists of solving 74 problems of different types. In them are obtained the transition probabilities and the transition matrix, the state spaces and the classes of those states, the n-step transition probabilities, the recurrence and transience, the invariant distributions, the mean return time and the convergence to equilibrium.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Alicia Corbacho Sánchez\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 6206843807\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9786206843801\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e LAP Lambert Academic Publishing\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/01\/2025\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 128\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.40lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.30d","brand":"Alicia Corbacho Sánchez","offers":[{"title":"Paperback","offer_id":47425626374399,"sku":"9786206843801","price":81.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_51d7fabf-1905-41c9-b456-3a33d86cdd4c.jpg?v=1761540509","url":"https:\/\/www.whiterainbookhouse.com\/products\/solved-problems-on-markov-chains-alicia-corbacho-szanchez-9786206843801","provider":"WR Book House","version":"1.0","type":"link"}