The Four Basic Assumptions of Markov Analysis Are

question 59

True/False

The four basic assumptions of Markov analysis are:
There are a limited or finite number of possible states.
The probability of changing states remains the same over time.
A future state is predictable from previous state and transition matrix.
The size and makeup of the system are constant during analysis.

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Part Performance Exception

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Land Contract Provision

Specific clauses within a contract for the purchase of land that stipulate the terms, conditions, and obligations of the parties involved.