Assortment planning is an important problem that arises in many industries such as retailing and airlines. One of the key challenges in an assortment planning problem is to identify the "right" model ...

A 30-minute talk about Markov modeling generally, with specific reference to the seminal 1986 contribution of Professor Eaves, which described Markov processes for genetic and environmental variance ...

Discrete-time hidden Markov models are a broadly useful class of latent variable models with applications in areas such as speech recognition, bioinformatics, and climate data analysis. It is common ...

Probabilistic model checking and Markov decision processes (MDPs) form two interlinked branches of formal analysis for systems operating under uncertainty. These techniques offer a mathematical ...

Until recently, Markov models and analytical methods were fairly obscure mathematical techniques rarely applied outside of academic settings. The advent of functional safety standards, particularly ...

Heather Paulson from Paulson Management Group wrote a post for ReveNews.com titled “SEO Matrix’s- Markov Chaining and Term Vector Models“. It is basically a rundown of the fundamental SEO ranking ...