
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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![**Random Walk Transition Probability**
Consider the random walk from HW3 Task 1 with a boundary of \([-3, 3]\) depicted below. What is the transition probability \(x\)? Enter the answers to two decimal places.
**Diagram Explanation:**
The diagram shows a series of states represented by circles labeled from \(-3\) to \(3\). Arrows between these states and looping arrows around states depict possible transitions and their corresponding probabilities:
- States: \(-3, -2, -1, 0, 1, 2, 3\).
- Transition probabilities \(x\) exist between adjacent states, allowing movement to the left or right.
- Looping arrows at each state represent the probability of remaining in the current state, labeled as \(y\) for central states (\(-2\) to \(2\)) and \(z\) for boundary states (\(-3, 3\)).
- The diagram suggests symmetrical transitions outward from the center.
**Text box for answer:**
- Input: The specific value for \(x\) is suggested as **0.5**.](https://content.bartleby.com/qna-images/question/2b582868-f2aa-4085-9fa2-cf8937be45fe/6527f32c-a82f-4aa4-bb74-7921e5fa2a2e/694mykk_thumbnail.png)
Transcribed Image Text:**Random Walk Transition Probability**
Consider the random walk from HW3 Task 1 with a boundary of \([-3, 3]\) depicted below. What is the transition probability \(x\)? Enter the answers to two decimal places.
**Diagram Explanation:**
The diagram shows a series of states represented by circles labeled from \(-3\) to \(3\). Arrows between these states and looping arrows around states depict possible transitions and their corresponding probabilities:
- States: \(-3, -2, -1, 0, 1, 2, 3\).
- Transition probabilities \(x\) exist between adjacent states, allowing movement to the left or right.
- Looping arrows at each state represent the probability of remaining in the current state, labeled as \(y\) for central states (\(-2\) to \(2\)) and \(z\) for boundary states (\(-3, 3\)).
- The diagram suggests symmetrical transitions outward from the center.
**Text box for answer:**
- Input: The specific value for \(x\) is suggested as **0.5**.
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