Markov models are a powerful predictive technique used to model stochastic systems using time-series data. They are centered around the fundamental property of "memorylessness", stating that the outcome of a problem depends only on the current state of the system - historical data must be ignored.
This model construction may sound overly simplistic. After all, if you have historical data why not use it to develop more complete and well-informed models? Surely, it would lead to more accurate predictions.
However, when modelling time-series data where previous results are of limited relevance, a memoryless model delivers vast performance advantages. By considering only the present state, algorithms become highly scalable, stable, fast and, above-all-else, extremely versatile. Speech recognition is a perfect example - nearly all of today's speech recognition algorthms are built using Markov Models.
In this book we will explore why a Memoryless predictive model can be so advantageous to the modern tech industry. We will take a look at fundamental mathematics and high-level concepts alike, extending our understanding of the subject beyond the simple Markov Model.
You will learn...- Foundations of Markov Models
- Markov Chains
- Case Study: Google PageRank
- Hidden Markov Models
- Bayesian Networks
- Inference Tasks
Markov models are a powerful predictive technique used to model stochastic systems using time-series data. They are centered around the fundamental property of "memorylessness", stating that the outcome of a problem depends only on the current state of the system - historical data must be ignored.
This model construction may sound overly simplistic. After all, if you have historical data why not use it to develop more complete and well-informed models? Surely, it would lead to more accurate predictions.
However, when modelling time-series data where previous results are of limited relevance, a memoryless model delivers vast performance advantages. By considering only the present state, algorithms become highly scalable, stable, fast and, above-all-else, extremely versatile. Speech recognition is a perfect example - nearly all of today's speech recognition algorthms are built using Markov Models.
In this book we will explore why a Memoryless predictive model can be so advantageous to the modern tech industry. We will take a look at fundamental mathematics and high-level concepts alike, extending our understanding of the subject beyond the simple Markov Model.
You will learn...- Foundations of Markov Models
- Markov Chains
- Case Study: Google PageRank
- Hidden Markov Models
- Bayesian Networks
- Inference Tasks
Markov Models: Introduction to Markov Chains, Hidden Markov Models and Bayesian Networks
106
Markov Models: Introduction to Markov Chains, Hidden Markov Models and Bayesian Networks
106Paperback
Product Details
| ISBN-13: | 9781978304871 |
|---|---|
| Publisher: | CreateSpace Publishing |
| Publication date: | 10/29/2017 |
| Series: | Advanced Data Analytics , #3 |
| Pages: | 106 |
| Product dimensions: | 6.00(w) x 9.00(h) x 0.25(d) |