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This video describes the basic concept and terms for the Stochastic process and Markov Chain Model. The Transition Probability Matrix is also described with Illustrative examples.
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Other videos @DrHarishGarg
Lecture 1: Markov Chain & TPM: • Lecture #1: Stochastic...
Lecture 2: Problems using TPM Part 1: • Lecture #2: Solved Pro...
Lecture 3: Problems using TPM Part 2: • Lecture #3: Solved Pro...
Lecture 4: Problems using TPM Part 3: • Lecture #4: Solved Exa...
Lecture 5: Stationary Probabilities: • Lecture #5: Stationary...
Lecture 6: Chapman-Kolmogorov Equation & Theorem: • Chapman-Kolmogorov Equ...