- #1
dman12
- 13
- 0
Moved from a technical forum, so homework template missing
Hello,
So I was asked this question the other day and don't really know how to go about it:
"Define a random process by:
Xn+1 = Xn+1 with probability 1/2
Xn+1 = 1/Xn with probability 1/2
Given that X0= 100, find the expectation of X10 "
I've only ever really met random processes like this when you consider equal step random walks and can use characteristic functions. How would I go about solving this problem?
Any help would be very much appreciated!
So I was asked this question the other day and don't really know how to go about it:
"Define a random process by:
Xn+1 = Xn+1 with probability 1/2
Xn+1 = 1/Xn with probability 1/2
Given that X0= 100, find the expectation of X10 "
I've only ever really met random processes like this when you consider equal step random walks and can use characteristic functions. How would I go about solving this problem?
Any help would be very much appreciated!