•  howrar   ( @howrar@lemmy.ca ) 
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    1 month ago

    Why does everyone keep calling them Markov chains? They’re missing all the required properties, including the eponymous Markovian property. Wouldn’t it be more correct to call them stochastic processes?

    Edit: Correction, turns out the only difference between a stochastic process and a Markov process is the Markovian property. It’s literally defined as “stochastic process but Markovian”.