1. Let T be the time which elapses before a simple random walk is absorbed at either of the absorbin barriers at 0 and N, having started at k where 0 ≤ k ≤ N. Show that P(T <∞) = 1 and E(Tk) < for all k ≥ 1.

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1. Let T be the time which elapses before a simple random walk is absorbed at either of the absorbing
barriers at 0 and N, having started at k where 0 ≤ k ≤ N. Show that P(T<∞) = 1 and E(Tk) <∞
for all k ≥ 1.
Transcribed Image Text:1. Let T be the time which elapses before a simple random walk is absorbed at either of the absorbing barriers at 0 and N, having started at k where 0 ≤ k ≤ N. Show that P(T<∞) = 1 and E(Tk) <∞ for all k ≥ 1.
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