You need to find a peer-reviewed article using Markov Chain in the areas of
interest to you. Then, you need to post it here along with (a) the article
information (in APA style, see the example below; please put DOI information for
better accessibility) and (b) abstract (you may just copy and paste it from the
article).
APA example: Ryu, Y., & Sueyoshi, T. (2021). Examining the relationship between
the economic performance of technology-based small suppliers and socially
sustainable procurement. Sustainability, 13(13), 7220.
https://doi.org/10.3390/su13137220
Hereàthe example:
The article I chose discusses the Markov chain and how it predicts trade
effectiveness based upon the ability for p;layers to advance bases.
A.)
Bukiet, B., Harold, E. R., & Palacios, J. L. (1997). A markov chain approach to
baseball. Operations Research, 45(1), 14³.
https://doi.org/10.1287/opre.45.1.14
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B.)
Most earlier mathematical studies of baseball required particular models for
advancing runners based on a small set of offensive possibilities. Other efforts
considered only teams with players of identical ability. We introduce a Markov
chain method that considers teams made up of players with different abilities and
which is not restricted to a given model for runner advancement. Our method is
limited only by the available data and can use any reasonable deterministic model
for runner advancement when sufficiently detailed data are not available.
Furthermore, our approach may be adapted to include the effects of pitching and
defensive ability in a straightforward way. We apply our method to find optimal
batting orders, run distributions per half inning and per game, and the expected
number of games a team should win. We also describe the application of our
method to test whether a particular trade would benefit a team.

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