I guess yes but the question is how do you model it and with what tools. And what are the questions you want to have answered with a Markov chains? Not to menti

I guess yes but the question is how do you model it and with what tools. And what are the questions you want to have answered with a Markov chains? Not to mention that they can likely explode with the number of data points. I also have no idea what I am talking about.