Question: Let X be a random walk defined by Xo = 0 = XnZi, n1, i=1 where {Z} is an i.i.d. process with P(Z =

Let X be a random walk defined by Xo = 0 = XnZi, n1, i=1 where {Z} is an i.i.d. process with P(Z = 1) = P(Z = +1) = 1. Define the absolute value random process Y = |X|- (a) Find P{Y=k}. (b) Find P{max{Y: 1

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Solutions Step1 a To find PY n k we need to consider the possible values of Sn the random walk at step n and calculate the probability that Snk If k i... View full answer

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