PÓLYA URN

Pólya urn process:
Start: a red, b blue
Draw ball, return it
+ Δ of same color

Limiting fraction X:
X ~ Beta(a/Δ, b/Δ)

E[X] = a/(a+b)
Var[X] = ab/((a+b)²(a+b+Δ))

Path-dependent! Each run
converges to a different
random limit. Martingale
convergence theorem applies.