Category:Markov Processes

This category contains results about Markov Processes.
Definitions specific to this category can be found in Definitions/Markov Processes.

Let $X$ be a continuous random variable which varies over time.

Let $X_t$ denote the value of $X$ at time $t$.

Then $X$ is a Markov process if and only if the future behaviour of $X$ is dependent only upon the value of $X$ at the present time.