Variance of an asymmetric random walk

A random walk takes independent steps that are +2+2 with probability 12\tfrac12 or 1-1 with probability 12\tfrac12. What is the variance of its position after 10 steps?

Show hints (2)+
  1. The steps aren't ±1\pm1 - first find one step's variance via E[X2](E[X])2E[X^2]-(E[X])^2.
  2. Then variances of independent steps add: multiply by 10.

Answer

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22.5

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Asked at: Timed Mental-Math & Sequences, ETF Market-Making

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