If a procedure meets all the conditions of a binomial distribution except that the number of trials is not fixed, then the geometric distribution can be used The probability of getting the first success on the xth trial is given by P(x) p(l p)x 1 where p is the probability of success on any one tri...

Let x the number of componen ...

If a procedure meets all the conditions of a binomial distribution except that the number of trials

Question:

If a procedure meets all the conditions of a binomial except that the number of trials is not fixed, then the geometric can be used. The probability of getting the first success on the xth trial is given by P(x) = p(l - p)x-1 where p is the probability of success on any one trial. Assume that the probability of a defective computer component is 0.2. Find the probability that the first defect is found in the seventh component tested.
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...