Prove Blackwell's theorem for renewal reward processes That is, assum- ing that the cycle distribution is not

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Prove Blackwell's theorem for renewal reward processes That is, assum- ing that the cycle distribution is not lattice, show that, as , E[reward in (1,a)] E[reward in cycle] E[time of cycle] Assume that any relevant function is directly Riemann integrable.

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Stochastic Processes

ISBN: 9780471120629

2nd Edition

Authors: Sheldon M. Ross

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