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.
Read more about Balance Equation: Global Balance, Detailed Balance, Local Balance
Famous quotes containing the words balance and/or equation:
“You need an infinite stretch of time ahead of you to start to think, infinite energy to make the smallest decision. The world is getting denser. The immense number of useless projects is bewildering. Too many things have to be put in to balance up an uncertain scale. You can’t disappear anymore. You die in a state of total indecision.”
—Jean Baudrillard (b. 1929)
“Jail sentences have many functions, but one is surely to send a message about what our society abhors and what it values. This week, the equation was twofold: female infidelity twice as bad as male abuse, the life of a woman half as valuable as that of a man. The killing of the woman taken in adultery has a long history and survives today in many cultures. One of those is our own.”
—Anna Quindlen (b. 1952)