Question: Please help on this Applied Stochastic Processesquestion 4. (12 points) Consider continually rolling a three-sided die, with sides labelled: 1, 2, 3. Let Xo be

Please help on this Applied Stochastic Processesquestion

 Please help on this Applied Stochastic Processesquestion 4. (12 points) Consider

4. (12 points) Consider continually rolling a three-sided die, with sides labelled: 1, 2, 3. Let Xo be the outcome of the first roll or 0. Then we recursively define the process (Xn)_ as follows: For each subsequent step n + 1, we define Xn+1 by the rule Xn+1 = max (n + 1)st die roll value, Xn} Xn

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