Question: Problem 5.4 (10 points) For the simple symmetric random walk (S)n-0,1.2. with So 0 com- pute (a) P[T < 8], where To = min{n

Problem 5.4 (10 points) For the simple symmetric random walk (S)n-0,1.2. with

Problem 5.4 (10 points) For the simple symmetric random walk (S)n-0,1.2. with So 0 com- pute (a) P[T < 8], where To = min{n > 0 : S. = 6}; (b) E[M3], where M3 = max;-0.3 Si.

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