or Markoff process
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 Andreĭ Andreevich Markov (1856–1922), who developed it
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020