How should I think about birth/death chains in terms of their generators?
The transition probability is obviously only nonzero when going from state $i$ to $i+1$ or $i$ to $i-1$. But how should I precisely define it? Thanks!
How should I think about birth/death chains in terms of their generators?
The transition probability is obviously only nonzero when going from state $i$ to $i+1$ or $i$ to $i-1$. But how should I precisely define it? Thanks!
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