Markov model: Difference between revisions
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'''Note:''' Typically, states have a uniform time period, and transitional probabilities remain constant over time. | '''Note:''' Typically, states have a uniform time period, and transitional probabilities remain constant over time. | ||
== Reference == | |||
http://htaglossary.net/Markov-model | |||
Latest revision as of 13:44, 21 November 2023
A type of quantitative modelling that involves a specified set of mutually exclusive and exhaustive health states for which there are transitional probabilities of moving from one state to another, including the probability of remaining in the same state.
Note: Typically, states have a uniform time period, and transitional probabilities remain constant over time.