On the number of times where a simple random walk reaches its maximum

On the number of times where a simple random walk reaches its maximum

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Article ID: iaor19932468
Country: Israel
Volume: 29
Issue: 2
Start Page Number: 305
End Page Number: 312
Publication Date: Jun 1992
Journal: Journal of Applied Probability
Authors: ,
Keywords: statistics: distributions
Abstract:

Let Qn denote the number of times where a simple random walk reaches its maximum, where the random walk starts at the origin and returns to the origin after 2n steps. Such random walks play an important role in probability and statistics. In this paper the distribution and the moments of Qn are considered and their asymptotic behavior is studied.

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