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Management · Q157

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 157

Q157

The first-order Markov chain is generally used when.

A.
Transition probabilities are fairly stable
Answer
B.
Change in transition probabilities is random
C.
No sufficient data are available
D.
All of the above

Answer: Option A

Solution

Answer: Option A
Solution:
The first-order Markov chain is generally used when transition probabilities are fairly stable. The first order Markov chain transition probability is the conditional probability that the second amino acid occurs in a two-amino-acid sequence, given the occurrence of the first amino acid, ie P(second amino acid|first amino acid).