At each time unit the standard brownian motionnbspis
At each time unit, the standard Brownian motion is shifted to [B(n)], where [ ] denotes the integer part. LetXn be the position at time n, for n = 0,1,2, Then the process {Xn, n = 0,1, • • • } is a (discrete-time) Markov chain. Calculate
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at each time unit the standard brownian motionnbspis shifted to bn where denotes the integer part letxnnbspbe the
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is shifted to [B(n)], where [ ] denotes the integer part. LetXn be the position at time n, for n = 0,1,2, Then the process {Xn, n = 0,1, • • • } is a (discrete-time) Markov chain. Calculate