Markovian

markovian English Etymology From en Markov ian, named for the Russian mathematician Andrey Markov. Pronunciation en /mɑɹˈkoʊvi.ən/ US Adjective - en statistics of a process Exhibiting the Markov property, in which the conditional probability distribution of future states of the process, given the present state and all past states, depends only upon the present state and not on any past states. 1992, Casella and George, Explaining the Gibbs Sampler, in: The American Statistician 46(3) 167–174 It is not immediately obvious that a random variable with distribution can be produced by the Gibbs sequence of (2.3) or that the sequence even converges. That this is so relies on the Markovian nature of the iterations, which we now develop in detail for the simple case of a 2 × 2 table with multinomial sampling. en Monetary Policy, Inflation, and the Business Cycle Jordi Galí 2nd Princeton University Press 2015 160 In period 0, the central bank chooses once and for all its policy among the class of Markovian policies of the form and for all […] en 2018 Guidolin and Pedio Essentials of Time Series for Financial Applications Academic Press AR(p) models are simple univariate devices to capture the often-observed Markovian nature of financial and macroeconomic data […] Derived terms en Markovianity non-Markovian submarkovian time-homogeneous Markovian type time-independent Markovian type Translations Exhibiting the Markov property Hebrew: he מרקובי markóvi See also Markov property en eponyms