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Markov Chains, Part 3 - Regular Markov Chains

Part 4: http://www.youtube.com/watch?v=31X-M4okAI0Markov Chains, Part 3.In this video, I look at what are known as stationary matrices and steady-state Markov chains. We illustrate these ideas with an example. I also introduce the idea of a regular Markov chain, but do not discuss them in depth (I discuss them in the next video).
Length: 08:34

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