Markovian
/mɑɹˈkoʊvi.ən/
"Markovian" in a Sentence (2 examples)
It is not immediately obvious that a random variable with distribution f(x) can be produced by the Gibbs sequence of (2.3) or that the sequence even converges. That this is so relies on the Markovian nature of the iterations, which we now develop in detail for the simple case of a 2 × 2 table with multinomial sampling.
AR(p) models are simple univariate devices to capture the often-observed Markovian nature of financial and macroeconomic data […]