A Markov Assumption Is That the Probabilities in Each Row

question 30

True/False

A Markov assumption is that the probabilities in each row sum to 1 because they are mutually exclusive and collectively exhaustive.

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Definitions:

Monitoring Measurements

The tracking and recording of specific variables over a period of time, often used in scientific studies and quality control.

Standard Deviation

A metric that gauges the spread of a dataset in relation to its average, showing the extent to which data points diverge.

Control Limits

Boundaries set in control charts that represent the threshold at which a process is considered to be in control or out of control.

Sigma

A symbol (σ) representing the standard deviation of a population in statistics.