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:
“True balance requires assigning realistic performance expectations to each of our roles. True balance requires us to acknowledge that our performance in some areas is more important than in others. True balance demands that we determine what accomplishments give us honest satisfaction as well as what failures cause us intolerable grief.”
—Melinda M. Marshall (20th century)
“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)