stochastic matrix
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In mathematics, a stochastic matrix[1] (also termed probability matrix,[1] transition matrix,[1][2] substitution matrix, or Markov matrix[1]) is a square matrix[1] used to describe the transitions of a Markov chain.[1] Each of its entries is a nonnegative real number representing a probability.[1] It has found use throughout a wide variety of scientific fields, including probability theory, statistics, mathematical finance and linear algebra, as well as computer science and population genetics.[1] The stochastic matrix was first developed by Andrey Markov at the beginning of the 20th century.[3] There are several different definitions and types of stochastic matrices:
- A right stochastic matrix is a real square matrix, with each row summing to 1.[1]
- A left stochastic matrix is a real square matrix, with each column summing to 1.[1]
- A doubly stochastic matrix is a square matrix of nonnegative real numbers with each row and column summing to 1.[1]
In the same vein, one may define stochastic vector (also called probability vector) as a vector whose elements are nonnegative real numbers which sum to 1.[1] Thus, each row of a right stochastic matrix (or column of a left stochastic matrix) is a stochastic vector.[1]
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