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Getting Started with Markov Chains: Part 2

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by Joseph Rickert In a previous post, I showed some elementary properties of discrete time Markov Chains could be calculated, mostly with functions from the markovchain package. In this post, I would like to show a little bit more of the functionality available in that package by fitting a Markov Chain to some data. In this first block of code,…
Original Post: Getting Started with Markov Chains: Part 2

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