Suppose X has the geometric pmf fx(x) 1 3 (2 3)x, x 0,1,2, Determine the probability distribution of Y X (X 1) Here both X and Y are discrete random variables To specify the probability distribution of Y, specify its pmf ...

Suppose X has the geometric pmf fx(x) = 1/3 (2/3)x, x = 0,1,2,- Determine the probability distribution

Question:

Suppose X has the geometric pmf fx(x) = 1/3 (2/3)x, x = 0,1,2,- Determine the probability of Y = X/(X + 1). Here both X and Y are discrete random variables. To specify the probability of Y, specify its pmf.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...