Markov Chains, Markov Process, Python, Discrete Time Markov, Probability.
j=[1,2,…n] at time t (Image by Author) Since π_t is a probability distribution, its elements always sum up to 1.0: (Image by Author) How to calculate π_t Typically, one assumes a certain value for π_0 which is the probability vector for state 0. And given π_0, it can be shown that π_t can be