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Problem 5.1. Let {W,} be an SBM, and denote the first hitting time of state a E R by Ta. Calculate the following: (a) P(W3

Problem 5.1. Let {W,} be an SBM, and denote the first hitting time of state a E R by Ta. Calculate the following: (a) P(W3 2 2). (b) P(W3 2 2|W1 = 1.5). (c) E[W17/Ws = 3]. (d) P(Ti.4

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