Question: 1. (10 points) Let (Sn)n20 be a simple random walk starting at 1 (5'1 = 1) and with p = 0.4 and q = 1

1. (10 points) Let (Sn)n20 be a simple random walk starting at 1 (5'1 = 1) and with p = 0.4 and q = 1 p = 0.6. Compute the following probabilities: O P(82 = 2,85 = 1), O P(82 = 2,34 = 3,85 = 1), 0 MM.\" 2 13,3\" 2 k), where Mn = maxogign Si

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