Quote:If at each time epoch each node creates one new node (split probability = 0), won't nodes = 2^time?
Yes, but only because I didn't describe it right

Only the most recently created nodes split/generate new nodes.
So for example...if split probability = 0, then we have this:
total nodes:
1, 2, 3, 4, 5...
new nodes:
1, 1, 1, 1, 1
If split probability =1, we have this:
total nodes:
1, 3, 7, 15, ...
new nodes:
1, 2, 4, 8, ...
If split probabiltiy = 0.5, the amount of new nodes per turn could follow any of these paths:
Quote:If P is a fixed value for the entire tree, then I think the value would approach (1+P)^time
P is fixed for the entire tree but with this equation if P=0 then you are left with total nodes = 1 always...
I am not looking for an exact answer, just looking for an approximate or the lowest possible upper bound