%0 Journal Article
%T EQPro. Algorithm for Studying a Special Case of the Initial Distributionof the Markov Transition Matrixwith Theoretical and Numerical Applications
%J American Journal of Mathematics and Statistics
%@ 2162-8475
%D 2013
%I 
%R 10.5923/j.ajms.20130301.06
%X This paper concentrates on deriving a formula for a special case of the initial distribution of the Markov transition probability matrixwithassumingall the probabilities being equal.A Markov Chain [7]is a mathematical system that undergoes transitions from one to another state. Markov chains have many applications as statistical models of real-world processes. This paper gives a procedure to make the transition probabilities calculation easier.
%K Markov Chain
%K Transition Probability Matrix
%K EQPro
%K (Equal Probabilities)
%K Queuing Models
%K Inventory System
%K Storage Models
%U http://article.sapub.org/10.5923.j.ajms.20130301.06.html