A Markov process is a stochastic process which satisfies the Markov property with respect to its natural filtration.
Read more about Markov Process: Markovian Representations, In Popular Culture
Famous quotes containing the word process:
“It haunts me, the passage of time. I think time is a merciless thing. I think life is a process of burning oneself out and time is the fire that burns you. But I think the spirit of man is a good adversary.”
—Tennessee Williams (19141983)