Question: ( b ) Consider the problem setting in part ( a ) again, and now let Z n be the number of accepted offers until

(b) Consider the problem setting in part (a) again, and now let Zn be the number of accepted offers until
and including day n assuming x1=12. That is,Zn=i=2nI(xi>12), where I(*) is the indicator
function. What is E[Zn]? Also, prove that with probability at least 1-, for any in(0,1), we have that
Znn2+O(nlog(1)2). That is,
Hint: Use Chernoff-Hoeffding bounds (Look here or here) Also familiarize yourself with the Big O notation.
( b ) Consider the problem setting in part ( a )

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