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Statistics and Probability

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Random Walks In The Quarter Plane: Solvable Models With An Analytical Approach, Harshita Bali, Enrico Au-Yeung Jul 2022

Random Walks In The Quarter Plane: Solvable Models With An Analytical Approach, Harshita Bali, Enrico Au-Yeung

DePaul Discoveries

Initially, an urn contains 3 blue balls and 1 red ball. A ball is randomly chosen from the urn. The ball is returned to the urn, together with one additional ball of the same type (red or blue). When the urn has twenty balls in it, what is the probability that exactly ten balls are blue? This is a model for a random process. This urn model has been extended in various ways and we consider some of these generalizations. Urn models can be formulated as random walks in the quarter plane. Our findings indicate that for a specific type …