11 The behaviour of Markov chains

Markov chains have all sorts of different behaviours, which is why they're so useful for modelling. A Markov chain model for an epidemic, for example, might die out, or it might enter exponential growth, or it might settle down and become endemic.
Second year Data Science and Machine Learning course, Cambridge University / Computer Science. Taught by Dr Wischik.
www.cl.cam.ac....