2. Consider the one sided random walk with states 1, 2, ·... Assume that the Markov chain has a probability of 0.7 of moving one step to the right, and a probability of 0.3 of moving 1 step to the left (P1,1 = 0.3), find the probability that the system eventually returns to 1, given that it starts at 1.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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2. Consider the one sided random walk with states 1, 2, · ... Assume that the Markov chain
has a probability of 0.7 of moving one step to the right, and a probability of 0.3 of moving
1 step to the left (P1,1 = 0.3), find the probability that the system eventually returns to
1, given that it starts at 1.
Transcribed Image Text:2. Consider the one sided random walk with states 1, 2, · ... Assume that the Markov chain has a probability of 0.7 of moving one step to the right, and a probability of 0.3 of moving 1 step to the left (P1,1 = 0.3), find the probability that the system eventually returns to 1, given that it starts at 1.
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