Hidden Markov Models, Markov Chains, Markov Switching, Markov Auto Regression, Maximum Likelihood.
transition probabilities, (m+1)*k coefficients in β_cap_s, and the variance σ². In an upcoming article, we’ll look at how to build and train both Linear and Poisson MSDR models using Python and the statsmodels library. Let’s now look at another type of Hidden Markov Model known as the Markov