I've heard of Markov Chains, but I didn't understand them until I visited this site that explains them with simple ...

In a Markov process we can predict future changes once we know the current state. ... For example, a good summer may be followed by another good one or by a bad one.

One field in which the Markov Process (and its components, Markov Chains) have become pivotal, in the 21st century, is the training of artificial intelligence (AI) programs. Here’s how it works.

Brief review of conditional probability and expectation followed by a study of Markov chains, both discrete and continuous time. Queuing theory, terminology, and single queue systems are studied with ...