What does it mean if a Markov Chain is "time-homogeneous"?
a) It does not change over time
b) The transition probabilities do not depend on the time step
c) The state space is finite
d) The process is deterministic
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What does it mean if a Markov Chain is "time-homogeneous"?
a) It does not change over time
b) The transition probabilities do not depend on the time step
c) The state space is finite
d) The process is deterministic