The first defective gasket is the 50th. The null hypothesis follows a geometric distribution with mean wait

Question:

The first defective gasket is the 50th. The null hypothesis follows a geometric with mean wait 1000, and the alternative is that the mean wait is less than 1000.
Find the difference in support of the above hypotheses. Compare with the p-value in the earlier problem.
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...