​Give Two Examples of How Markov Analysis Can Aid Decision

question 28

Short Answer

​Give two examples of how Markov analysis can aid decision making.

---

Definitions:

Competition

The rivalry between entities to achieve dominance, market share, or win resources, often driving innovation and efficiency.

Competition

The rivalry between individuals, businesses, or any entities that strive for the same objective or market.

Kitchen

A room or area where food is prepared and cooked, equipped with appliances and utensils.

Primary Succession

The process of ecological succession that occurs in an environment in which new substrate devoid of vegetation and other organisms usually lacking soil, such as a lava flow or area left from retreated glacier, is deposited.