Hi, does anyone know any applications of Markov Process to the business world, apart from predicting brand-switching? Thanks
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Originally Posted by Heffalina Hi, does anyone know any applications of Markov Process to the business world, apart from predicting brand-switching? Thanks Stock price Availability of vehicles within a fleet Number of employees Weather etc RonL
Regime-Switching Interest Rate and Economic Models. These are almost fun!
Originally Posted by CaptainBlack Stock price Availability of vehicles within a fleet Number of employees Weather etc RonL Thanx a lot
Originally Posted by Heffalina Thanx a lot Also the state of the game of Monopoly, if that qualifies as being in the Business world. RonL
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