Exact two-point resistance, and the simple random walk on the complete graph minus N edges

► We obtain exact formulas for the two-point resistance of the complete graph minus N edges. ► We obtain also the total effective resistance of this graph. ► We modified Schwatt's formula on trigonometrical power sum to suit our computations. ► We introduced the generalized bisected Fibonacci and Lucas numbers: the Bejaia and the Pisa numbers. ► The first passage and mean first passage times of the random walks have exact expressions.