I tried letting K G 1 where G is geometric random variable
I tried letting K = G -1 where G is geometric random variable and found the mean to be 1.5 and could not find the variance
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Solution
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7.
I tried letting K = G -1 where G is geometric random variable and found the mean to be 1.5 and could not find the variance
WELL IF YOU HAVE THE MEAN = 1.5
WE KNOW THAT THE MEAN IS 1/P SO
P = 2/3
AND Q = 1 - 2/3 = 1/3
NOW WE CAN CALCULATE THE VARIANCE
THAT IS
[1/3] / (2/3)^2 = 3/4
