Solution

ID: past-exam-of-the-mathematics-course-of-the-university-of-cambridge/2006/ib/paper-2/20c/c/solution

One excursion from zero escapes forever on the positive branch with probability , and on the negative branch with probability . The remaining probability is the return probability . By the last-excursion direction law at a transient junction, the eventual positive escape probability is
Equivalently, if denotes the desired probability, the Strong Markov property gives . The negative escape probability is , and their sum is one, as independently established in part (b).

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