Journal of Applied Probability, Vol. 13, No. 2 (Jun., 1976), pp. 361-364 (4 pages) We give an expression for the expectation of max (0, S1, ⋯, Sn) where Sk is the kth partial sum of a finite sequence ...
Consider the sequence of partial sums of a sequence of i.i.d. random variables with positive expectation. We study various random quantities defined by the sequence of partial sums, e.g. the time at ...