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EQPro. Algorithm for Studying a Special Case of the Initial Distributionof the Markov Transition Matrixwith Theoretical and Numerical ApplicationsDOI: 10.5923/j.ajms.20130301.06 Keywords: Markov Chain, Transition Probability Matrix, EQPro, (Equal Probabilities), Queuing Models, Inventory System, Storage Models Abstract: 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.
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