Write a matlab program to simulate the problem described in


Write a MATLAB program to simulate the problem described in given exercise. Estimate the average time until escape. Do your MATLAB results agree with your analytically determined results in given exercise?

Exercise

Imagine that you are trapped in a circular room with three doors symmetrically placed around the perimeter. You are told by a mysterious voice that one door leads to the outside after a 2-h trip through a maze.

However, the other two doors lead to mazes that terminate back in the room after a 2-h trip at which time you are unable to tell through which door you exited or entered. What is the average time for escape to the outside?

Can you guess the answer ahead of time? If not, can you provide a physical explanation for the answer you calculate?

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Financial Econometrics: Write a matlab program to simulate the problem described in
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