Using Excel, as we did in Example 5-1, or another software, simulate a realization of a Markov
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Using Excel, as we did in Example 5-1, or another software, simulate a realization of a Markov process Xt, t = 0,1, ..., such that X0 = 1, and given Xt = x, the r.v. Xt+1 is uniform on [ 1/1+x ,1].
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