Question
An artificial intelligence system was design to forecast the financial trading market and predict change based on observed variables from the business environment. A machine
An artificial intelligence system was design to forecast the financial trading market and predict change based on observed variables from the business environment. A machine learning model is to be designed in understand and forecast trends based on Markov chain.
The variables to be observed are
- Population(A)
- Poverty rate(B)
- Inflation (C)
- Available resources(D)
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The matix P represent the general form of an state matrix.
Below is a table of the variables with their effect on each other
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A B C D A 0.2 0.2 0.3 0.3 B 0.2 0.3 0.2 0.3 C 0.3 0.4 0.1 0.2 D 0.4 0.2 0.2 0.2 Answer the following question below:
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a. Provide a general markov state diagram for the variable described.
- b. Assuming the below factor, A, affected the state in the table above, produce the state diagram for, A, and calculate the final state.
- c. Discuss the significance of hidden markov chain in a historic data.
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d. Download two scientific peer reviewed and published paper and discuss how the markov chain has been applied in AI and the significance of the results.
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