Math 495  HW Set 5
Stochastic Processes
Professor Wickerhauser

Due Wednesday, February 21st, 2018 at the end of class.
LATE HOMEWORK WILL NOT BE ACCEPTED.

These exercises are from Gregory F. Lawler's textbook
"Introduction to Stochastic Processes," second edition, ISBN 978-1-58488-651-8,
Chapman and Hall/CRC Press, second edition, 2006.

Read Chapter 4, "Optimal Stopping," sections 4.1--4.3, pp.87--97

Required:
Section 4.4, p.98:  4.2
Section 4.4, p.98:  4.4
Section 4.4, p.98:  4.5
Section 4.4, p.99:  4.7

Optional:
Section 4.4, p.99:  4.8*
Section 4.4, p.99:  4.9*
Section 4.4, p.100:  4.10*


* I judge these to be more challenging.