Past exam of the mathematics course of the University of Cambridge 2008 ii Paper 2 26I f Solution Created 2026-09-24 Updated 2026-10-14
Here is equivalent to , which gives from its explicit formula. Any nonnegative solution is of the formsince its second component at level zero must be one. Letting forces for nonnegativity. The choice is nonnegative, and subtracting it from any other such solution gives . Therefore minimality selectsIn particular the return probability after leaving is , so the irreducible chain is transient. These formulas are the hitting probabilities for a velocity-switching Markov ladder.