Iterated Function - Markov Chains

Markov Chains

If the function can be described by a stochastic matrix, that is, a matrix whose rows or columns sum to one, then the iterated system is known as a Markov chain.

Read more about this topic:  Iterated Function

Famous quotes containing the word chains:

    Let the saints be joyful in glory: let them sing aloud upon their beds. Let the high praises of God be in their mouth, and a two-edged sword in their hand; to execute vengeance upon the heathen, and punishments upon the people; to bind their kings with chains and their nobles with fetters of iron; to execute upon them the judgment written.
    Bible: Hebrew Psalms 149:5-9.