If (left(X_{t} ight)) is a standard Brownian motion, then the process (Y_{t}=M-left|M-X_{t} ight|) is called a Brownian

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If $\left(X_{t}\right)$ is a standard Brownian motion, then the process $Y_{t}=M-\left|M-X_{t}\right|$ is called a Brownian motion with reflecting barrier at $M$. Explain the terminology, and find the c.d.f. and density function of $Y_{t}$.

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Introduction To The Mathematics Of Operations Research With Mathematica

ISBN: 9781574446128

1st Edition

Authors: Kevin J Hastings

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Question Posted: May 21, 2024 03:03 AM

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If (left(X_{t} ight)) is a standard Brownian motion, then the process (Y_{t}=M-left|M-X_{t} ight|) is called a Brownian

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Introduction To The Mathematics Of Operations Research With Mathematica

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