For a continuous time Markov chain (CTMC) with transition rate matrix Q, if can be found such that for every pair of states i and j
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For a discrete time Markov chain with transition matrix P and equilibrium distribution the global balance equation is
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In probability theory, a balance equation is an equation that describes the probability flux associated with a Markov chain in and out of states or set of states.
New Balance | Schrödinger equation | Nernst equation | Monge–Ampère equation | Boltzmann equation | Earth in the Balance | Diophantine equation | Balance of Power | John Balance | balance of power | Worldwar: In the Balance | Work–life balance | Wii Balance Board | Ordinary differential equation | ordinary differential equation | Balance Point | Balance of power (parliament) | Balance of Power (computer game) | Young–Laplace equation | Wave equation | wave equation | Vlasov equation | Tait equation | Smoluchowski coagulation equation | Sauerbrey equation | Redlich–Kwong equation of state | Ramanujan–Nagell equation | Quadratic equation | Prony equation | Principal balance |