Optimal Loan Allocation Mix Policy of A Bank using Markov Chain Model Analysis

Loading...
Thumbnail Image
Date
2013-6-16
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
A Markov chain is a natural probability model for accounts receivable. If the transition matrix of the Markov chain were known, forecasts could be done for future loans for each state...
Description
A Thesis Submitted to the Department of Mathematics Kwame Nkrumah University of Science and Technology in Partial fulfillment of the Requirement for the degree of Master of philosophy.
Keywords
Citation