A particle moves at each step two units to the right or one unit to the left,
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A particle moves at each step two units to the right or one unit to the left, with corresponding probabilities p and q (p + q = 1). If the starting position is 0, find the probability
a, that the particle will ever reach the origin. (This is the ruin problem against an infinitely rich adversary.) Hint: The equation corresponding to (2.1) has the particular solution 92 = 1 and two particular solutions of the form , where a satisfies a quadratic equation.
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Related Book For
An Introduction To Probability Theory And Its Applications Volume 1
ISBN: 9780471257110
3rd Edition
Authors: William Feller
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