I've heard of Markov Chains, but I didn't understand them until I visited this site that explains them with simple interactive animations. Look at the illustration above.

Welton et al (2005) describes how these partially observed data can be used to inform a Markov rate matrix, and takes a Bayesian statistical approach using the WinBUGS software. The paper covers: ...

Welton et al (2005) describes how these partially observed data can be used to inform a Markov rate matrix, and takes a Bayesian statistical approach using the WinBUGS software. The paper covers: ...