https://mdahsanul.netlify.app/categories/stochastic-process/ Recent content in Stochastic Process on Md Ahsanul Islam Hugo en-us Sun, 23 May 2021 00:00:00 +0000 https://mdahsanul.netlify.app/post/markov-chain/ Sun, 23 May 2021 00:00:00 +0000 https://mdahsanul.netlify.app/post/markov-chain/ Markov Chain is a special type of stochastic process. It is a popular and straightforward way to statistically model a discrete-time, discrete space stochastic processes. In this post I will show a practical example of markov chain. Let’s try to map the movement of freelancer drivers in Dhaka. We can divide the area of Dhaka into three zones – North Dhaka, Middle Dhaka…