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A monkey is standing one step from the edge of a cliff and takes repeated independent steps; forward, with probability , or backward, with probability
A monkey is standing one step from the edge of a cliff and takes repeated independent steps;
forward, with probability , or backward, with probability .
i. What is the probability that the monkey, sooner or later, will fall off the cliff?
ii. What time does it take until the monkey falls over the edge?
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