Information Theory part 10: What is a Markov chain?

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What motivated the concept of Markov chains & Markov models? Featuring Plato's theory of forms, Jacob Bernoulli's weak law of large numbers and Central Limit Theorem. This leads to to Andrey Markov's idea that dependent random events also converge on average distributions.

Link to Markov simulator
https://www.khanacademy.org/math/applied-math/informationtheory/info-theory/p/markov-chain-exploration

references:
http://www.sheynin.de/download/bernoulli.pdf
http://langvillea.people.cofc.edu/MarkovReprint.pdf?referrer=webcluster&







Tags:
markov chain
markov process
statistical modeling
Jacob Bernoulli
probability
dependent events
independent events
markov model
central limit
central limit theorem