Question

(a) Suppose that Xi, X2,... are independent and identically distributed random variables each taking the value 1 with probability p and the value-1 with probability 1-p For n 1,2,..., define Yn -X1 + X2+ ...+Xn. Is {Yn) a Markov chain? If so, write down its state space and transition probability matrix. (b) Let Xı, X2, ues on [0,1,2,...) with probabilities pi-P(X5 Yn - min(X1, X2,.. .,Xn). Is {Yn) a Markov chain and transition probability matrix. be independent and identically distributed random variables taking val For n-1,2,..., define , 2, . .., define ! If SO, write down its state space orn=1

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Date I In State space S- 3.-2, -110,1 2, 3, - - m IS 2. 2. 2 b Here each xi takes value [o,1,2,ー i.e. it doesnt depend on the

Add a comment
Know the answer?
Add Answer to:
(a) Suppose that Xi, X2,... are independent and identically distributed random variables each taking the value...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT