Tagged: probability theory

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Probability Measure

Probability measure is a measure of how likely a future ‘event’ is when analyzing big data with various models such as in statistical learning theory in general and as an example a Markov Chain...

Markov Chain Markov Process Markov Model Markov Chains Monte Carlo Markov Matrix Probability Theory Markov Property Uncertainty Stochastic Model Big Data

Markov Chain

Markov Chain refers to an approach that is based on probability theory using Markov models in order to model randomly changing systems when working with big data. From basic probability theory it is known...