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 toddlers wish to please ... is a powerful aid in helping the child to develop a social awareness and, eventually, a moral conscience. The childs love for the parent is so strong that it causes him to change his behavior: to refrain from hitting and biting, to share toys with a peer, to become toilet trained. This wish for approval is the parents most reliable ally in the process of socializing the child.”
—Alicia F. Lieberman (20th century)