+A Markov Chain describes a sequence of events where the future depends only on the current [State](/wiki/state), not on the path taken to reach it. It models systems where [Probability](/wiki/probability) governs transitions between states, offering a powerful tool for understanding and predicting dynamic processes.
+## See also
+- [Stochastic Process](/wiki/stochastic_process)
+- [Random Walk](/wiki/random_walk)
+- [Time Series](/wiki/time_series)
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