markov model

Fetched 2026-10-26 (cache).

Synonyms: market model

Antonyms: market model

Related words from Datamuse; suggestions, not definitions.

Noun

1. A [[stochastic]] [[model]] for [[random]]ly [[change|changing]] [[system]]s, where it is assumed that [[future]] [[state]]s depend only on the [[current]] state and not those that [[precede]]d it.

Source: Wiktionary · CC BY-SA 4.0 (Wiktionary dump) · cached copy, not a rewrite.