Question
Express the probability for being at a position with exactly \(k\) right steps after \(n\) steps in a random walk using the formula \(P(k) = \binom{n}{k}(\frac{1}{2})^n\). Explain your reasoning.
Hint
Consider that each step has two equally likely outcomes and use the combination formula to select the rightward steps.
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Complete Answer
The probability is given by \(P(k) = \binom{n}{k}(\frac{1}{2})^n\), since there are \(\binom{n}{k}\) ways to choose \(k\) right steps out of \(n\) and each sequence occurs with probability \((\frac{1}{2})^n\).
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