Question: In this exercise, we discuss the geometric distribution, the probability distribution for the number of trials until the first success in Bernoulli trials. The geometric
To illustrate, again consider the Arizona state lottery Lotto, as described in Exercise 5.154. Suppose that you buy one Lotto ticket per week. Let X denote the number of weeks until you win a prize.
a. Find and interpret the probability formula for the random variable X.
b. Compute the probability that the number of weeks until you win a prize is exactly 3; at most 3; at least 3.
c. On average, how long will it be until you win a prize?
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a p 00290647 or 0029 to three decimals PX x 00290971x1 This formula ... View full answer
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