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Evaluate the effectiveness of the likelihood ratio test in the context of Markov chains.

January 1, 1955Biometrika

The likelihood ratio test for Markoff chains

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Journal article demonstrates the likelihood ratio test's application in Markov chains, indicating its utility in hypothesis testing.

Evaluate the effectiveness of the likelihood ratio test in the context of Markov chains.
Introduces the likelihood ratio test framework for Markov chains.
Discusses statistical models pertinent to hypothesis testing in this context.
Presents mathematical formulations and examples to illustrate concepts.
Findings suggest the likelihood ratio test is a robust method for testing hypotheses in Markov chains.
The approach allows for improved parameter estimation in statistical models.

I. J. Good (1955) studied this question.

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