Question: Prove that a simple Random Walk, that moves from any integern to n+1 with probability p and to n-1 with probability q=1-p, with p>=q, hits
Prove that a simple Random Walk, that moves from any integern to n+1 with probability p and to n-1 with probability q=1-p, with p>=q, hits any positive level N, however large when started at x=-100 in finite time with a positive probability.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
