Markov property
1 Markov property
A stochastic process \((X_t)_{t \ge 0}\) has the Markov property if \[ \Pr(X_{t+1} = j \mid X_t = i, X_{t-1}, \dots) = \Pr(X_{t+1} = j \mid X_t = i). \]
Jeet Sukumaran
A stochastic process \((X_t)_{t \ge 0}\) has the Markov property if \[ \Pr(X_{t+1} = j \mid X_t = i, X_{t-1}, \dots) = \Pr(X_{t+1} = j \mid X_t = i). \]