Markov Chains: Memoryless Systems in Pharaoh Royals and Beyond
Markov chains are mathematical models where the future state of a system depends solely on its current state, not on the sequence of events that preceded it. This memoryless property enables efficient, scalable simulations across diverse domains—from games like Pharaoh Royals to financial modeling and climate forecasting. 1. Introduction: Understanding Markov Chains as Memoryless Systems […]