Uses a unique approach by decomposing chains into "holding times" and "jump chains," which many readers find more intuitive than purely matrix-based methods.
Norris’s book occupies a unique middle ground: markov chains jr norris pdf
is widely considered one of the best undergraduate-level introductions to stochastic processes. Part of the Cambridge Series in Statistical and Probabilistic Mathematics , the text bridges the gap between elementary probability and rigorous measure-theoretic analysis. The Fundamental Theory Uses a unique approach by decomposing chains into
The primary textbook Markov Chains by J.R. Norris is a foundational resource for advanced undergraduate and MSc students. You can access the full content markov chains jr norris pdf