Answer Happy

Question no. 5 Let Y1,72, ... be an infinite sequence of independent random variables, all having a Bernoulli distribution with parameter p = 1/3. We define X, = k_1Yx, for n = for n =1,2,.... Then (see p. 85) the stochastic process {Xn, n = 3) 1,2,... } is a Markov chain. Calculate po 2.