The only thing that we did in class that could relate to this would be the binomial tree model. So after looking up Markov Chain and reading a bit it makes more since but I am still struggling. Here is an attempt:
So the underlining reasoning is that S0P = S1 Where P is the transition...
Homework Statement
Question:
In game A the probability of winning at time t is determined by success (in any
game) at the previous two timesteps t-2 and t-1. A win (W) earns one unit of cash,
and a loss (L) results in paying one unit of cash. Following a sequence of outcomes (L;L)
at time...
Homework Statement
long solenoid of n turns per unit length is wound upon a cylindrical core of radius a
and relative permeability. The current I through the solenoid is increasing with time t at a
constant rate. Obtain expression for the rate of increase of stored energy per unit length...