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Re: exit time for random walk problem

Subject: Re: exit time for random walk problem
From: "Jules"
Date: 30 Oct 2006 21:23:49 -0800
Newsgroups: sci.math
vysotin@xxxxxxxxx wrote:
> Can someone help me in finding an expected time for standard linear
> random walk with two exit states to reach one exit state. Say, a walk
> with +1 and -1 steps (probabilities p and 1-p)  starts at the position
> 0 and has final states at -k and +n. What would be the expected time to
> reach n?
> I am going to go through stopping time theory but for now I'd like to
> understand, if possible, in simple terms how such problems can be
> handled.

If you want to know what the expected time to reach n is, then what
happens if you reach -k first?


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