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Markov process

or Markoff process

noun, Statistics.
a process in which future values of a random variable are statistically determined by present events and dependent only on the event immediately preceding.
Origin of Markov process
1935-40; after Russian mathematician Andreń≠ Andreevich Markov (1856-1922), who developed it Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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