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Results tagged with poisson-process
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user 75164
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Continuous-time two-state Markov process
This is a continuous-time Markov chain with rate matrix
$$Q=\begin{pmatrix}
-\mu_H & \mu_H\\
\mu_L & -\mu_L
\end{pmatrix}.$$
The transition matrix associated with going from time $t$ to time $T$ is th …
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