Question: Consider a biased random walk that starts at the origin and that is twice as likely to move to the right as it is to
Consider a biased random walk that starts at the origin and that is twice as likely to move to the right as it is to move to the left. After how many steps will the probability be greater than 99% that the walk is to the right of the origin?
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LetX 1 X 2 be an iid sequence with Let S n X 1 X n WehaveEX i 13 and VX i ... View full answer
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