Probability, Statistics, Markov Chains, Markov Chain Monte Carlo, Markov.
0.5] describes the probabilities of transitions from State 0 as follows: Probability to remain in State 0 is 0.3. Probability to transition from State 0 to State 1 is 0.2. Probability to transition from State 0 to State 2 is 0.5. The sum of the probabilities in each row is always equal to 1, which