Martingale differences and Hoeffding's inequality
[4/100%]It is required to pack a knapsack to maximum benefit. Suppose you have objects, the th object having volume and worth , where are independent non-negative random variables with finite means, and for all and some fixed . Your knapsack has volume , and you wish to maximize the total worth of the objects packed in it. That is, you wish to find the vector of 0 's and 1 's such that and which maximizes . Let be the maximal possible worth of the knapsack's contents, and show that for .
Given vertices , for each we place an edge between and with probability ; different pairs are joined independently of each other. We call and neighbours if they are joined by an edge. The chromatic number of the ensuing graph is the minimal number of pencils of different colours which are required in order that each vertex may be coloured differently from each of its neighbours. Show that for .
Let and be random variables such that a.s., , and . Show that
Let be a martingale with , having differences , and suppose that a.s., and for . Show that
Let be a martingale with , having differences . The process given by is called the optional quadratic variation of , while is called the predictable quadratic variation of . Show that and define martingales with respect to .