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:
“The practice of S/M is the creation of pleasure.... And that’s why S/M is really a subculture. It’s a process of invention. S/M is the use of a strategic relationship as a source of pleasure.”
—Michel Foucault (1926–1984)