=12.4. The weather can be considered a stochastic system, because it evolves in a probabilistic manner from
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=12.4. The weather can be considered a stochastic system, because it evolves in a probabilistic manner from one day to the next. Suppose for a certain location that this probabilistic evolution satisfies the following description:
The probability of rain tomorrow is 0.6 if it is raining today.
The probability of its being clear (no rain) tomorrow is 0.8 if it is clear today.
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Introduction To Management Science A Modeling And Case Studies Approach With Spreadsheets
ISBN: 9780078096600
4th Edition
Authors: Frederick S. Hillier And Mark S. Hillier
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