Forecasting based on Markov chain model

DOI: 10.18805/BKAP144    | Article Id: BKAP144 | Page : 17-22
Citation :- Forecasting based on Markov chain model .Bhartiya Krishi Anusandhan Patrika.2019.(34):17-22

Ramasubramanian V., Ravindra Singh Shekhawat and  S. P. Singh
Address :

ICAR-Indian Agricultural Statistical Research Institute, New Delhi, India.


In this paper, we try to forecast crop yield by the probability model based on Markov Chain theory, which overcomes some of the drawbacks of the regression model. Markov Chain models are not constrained by a parametric assumption and are robust against outliers and extreme values. Here, multiple order Markov chain were utilized.


Markov Chain Forecasting Multiple order


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