I've heard of Markov Chains, but I didn't understand them until I visited this site that explains them with simple ...

Goh, Joel, Mohsen Bayati, Stefanos A. Zenios, Sundeep Singh, and David Moore. "Data Uncertainty in Markov Chains: Application to Cost-Effectiveness Analyses of Medical Innovations." Operations ...

Brief review of conditional probability and expectation followed by a study of Markov chains, both discrete and continuous time. Queuing theory, terminology, and single queue systems are studied with ...

Pharmacoeconomics, PharmacoEcon 1998; 13(4):397-409. Welton NJ, Ades AE. Estimation of Markov chain transition probabilities and rates from fully and partially observed data: Uncertainty propagation, ...

Pharmacoeconomics, PharmacoEcon 1998; 13(4):397-409. Welton NJ, Ades AE. Estimation of Markov chain transition probabilities and rates from fully and partially observed data: Uncertainty propagation, ...