What is meant by a Markov chain process? What might be the purpose of using a Markov

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What is meant by a Markov chain process? What might be the purpose of using a Markov chain in the audit of inventory ? What information would be needed to make the calculations?

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Applications Of Statistical Sampling To Auditing

ISBN: 9780130391568

1st Edition

Authors: Alvin A. Arens, James K. Loebbecke

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Question Posted: May 17, 2024 03:01 AM

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What is meant by a Markov chain process? What might be the purpose of using a Markov

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Applications Of Statistical Sampling To Auditing

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