Question: . Derive the formulas for the Gambler's Ruin Problem for situation when p = q and p q. Also describe how to becoming infinitely rich
. Derive the formulas for the Gambler's Ruin Problem for situation when p = q and p q. Also describe how to becoming infinitely rich or getting ruined in the same Gambler's Ruin setting [Hint: Check several literatures on google and other text books]
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