Markov Chains & Transition Matrices

Part 1 on Markov Chains can be found here:    • Intro to Markov Chains & Transition D...   In part 2 we study transition matrices. Using a transition matrix let's us do computation of Markov Chains far more efficiently because determining a future state from some initial state is nothing more than multiplying by a transition matrix. I show you how to go from a Transition Diagram to a Transition Matrix, the terminology used, and do an example to show you how to compute the probabilities. The use of the transition matrix makes it far easier to compute future states arbitrarily far into the future. COURSE PLAYLISTS: ►CALCULUS I:    • Calculus I (Limits, Derivative, Integ...   ► CALCULUS II:    • Calculus II (Integration Methods, Ser...   ►MULTIVARIABLE CALCULUS (Calc III):    • Calculus III: Multivariable Calculus ...   ►DIFFERENTIAL EQUATIONS (Calc IV):    • How to solve ODEs with infinite serie...   ►DISCRETE MATH:    • Discrete Math (Full Course: Sets, Log...   ►LINEAR ALGEBRA:    • Linear Algebra (Full Course)   OTHER PLAYLISTS: ► Learning Math Series    • 5 Tips To Make Math Practice Problems...   ►Cool Math Series:    • Cool Math Series   BECOME A MEMBER: ►Join: youtube.comhttps://www.seevid.ir/fa/result?ytch=UC9rTsvTxJnx1DNrDA3Rqa6A/join MATH BOOKS & MERCH I LOVE: ► My Amazon Affiliate Shop: www.amazon.com/shop/treforbazett Special thanks to Imaginary Fan members Frank Dearr & Cameron Lowes for supporting this video. SOCIALS: ►Twitter (math based): twitter.com/treforbazett ►Instagram (photography based): instagram.com/treforphotography

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• #math
• #solution
• #example
• #markov_chain
• #markov_process
• #transition_diagram
• #transition_matrix
• #initial_state
• #vector
• #probability
• #statistics
• #future_probabilities
• #present
• #linear_algebra