Question: 3. Consider the Gambler's ruin problem with p = 1/3, N = 5. If the gambler starts with i = 2, determine the following: (a)

3. Consider the Gambler's ruin problem with p = 1/3, N = 5. If the gambler starts with i = 2, determine the following: (a) The expected amount of time the gambler has 3 units. (b) The probability that the gambler ever has a fortune of 4.3. Consider the Gambler's ruin problem with p = 1/3, N = 5. If the gambler starts with i = 2, determine the following: (a) The expected amount of time the gambler has 3 units. (b) The probability that the gambler ever has a fortune of 4

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