Markov Chains, Markov Process, Python, Discrete Time Markov, Probability.
(Image by Author) Here is the source code for generating the above plot: #Simulate the closing price of a company closing_price = 100.0 #initialize pi_0 pi_0=np.array([0.5, 0.5]) #create a random delta in the range [0, 2.0] delta = random.random() * 2 #generate a random number in the range [0.0,