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Let (Sn)n be the simple random walk, that is, Sn = S(0) + X1 +. . .+ Xn where X1, X2, . . . are
Let (Sn)n be the simple random walk, that is, Sn = S(0) + X1 +. . .+ Xn where X1, X2, . . . are iid random variables with P [X1 = 1] = P [X1 = ?1] = 1/2 .
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