Application of Markov Chain in Market Shares Prediction-Case Study from Fresh Dairy Products in Nanjing Market
Firstly, this paper introduces the basic principle of Markov chain. Secondly, in studying a case, the market shares have been analyzed and predicted. In the end, transition probability matrix has been applied to make decision. This method provides scientific basis and is more important for enterprises.
Prediction Market Shares Transition Probability Matriz Markov Chain
YANG Liuying CHENG Longsheng
School of Economics & Management Nanjing University of Science and Technology, P.R.China, 210094
国际会议
2008年国际应用统计学术研讨会(2008 International Institute of Applied Statistics Studies)
烟台
英文
1-6
2008-08-14(万方平台首次上网日期,不代表论文的发表时间)