2 Answered Questions for the topic Markov

06/07/20

Markov Chain Problem

An investor bought shares of a company at $30 per share. Currently the value of the share is $31. The investor will sell the shares either as soon as he makes 10% or more, or when the stock drops... more

Probability and Markov Processes? Free Throws. Please Help.

If she made the last free throw, then her probability of making the next one is 0.9. On the other hand, If she missed the last free throw, then her probability of making the next one is 0.2. Assume... more

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