Solution

ID: past-exam-of-the-probability-measure-and-martingales-course-of-the-university-of-oxford/2023/2/b/ii/solution

Every is a Borel measurable function of , by the formula involving the floor function. Thus
Conversely, part (i) gives the everywhere identity . For fixed , this is the pointwise limit of random variables measurable with respect to . Such a limit of a sequence is measurable, so . Consequently
These are increasing-precision observations even when the first finitely many are discarded; they do not behave like the independent random variables whose tail sigma-algebra appears in Question 1(b).

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