11/13/2020

Discussion of breakout room activity on Monte Carlo Power Studies

Visual Introduction to Markov Chains

• Markov Chains Explained Visually
• A Day in the Life of Americans

Applications of Markov Chains

• Markov Chains in MLB - A Senior Exercise - Evan Frazier
• Take a Walk on the Boardwalk - Abott and Richey (Kenyon graduate who now teaches at St. Olaf)
• Markov Chains and the RISK Board Game - Tan
• Markov Chains and the RISK Board Game Revisited - Osborne
• Markov Chain Model of Rent Burden in the Housing Choice Voucher Program - Mast
• Markov Chain-Chapter11-NCSU

Breakout room activity

• Pick one of the articles above or a set of samples from previous Kenyon students (Suicide Dynamics - Avery and Nonto or Chutes and Ladders - Margie and Ben)
• Discuss the application of Markov chains with your partner(s).
• Write new R code or modify existing R code to put your own twist on the application. Explain how your results compare with those presented in the article.