The leap-frog's favorite landing spot
A frog starts at position on the integer line. At each step it jumps forward or units, each with probability . Let be the probability the frog ever lands exactly on position (for ). What is the largest value of over all ?
Show hints (2)+
- Reach from (then ) or (then ): , , .
- The values oscillate toward ; the peak is .
Answer
Reveal answer →Final answer
0.75 (± 0.001)
Want the full step-by-step worked solution? It's part of Premium - along with a worked solution for every question in the bank.
Asked at: Jane Street, Citadel