A second student keeps buying chocolate bars until he finds a prize voucher. Let Y denote the

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A second student keeps buying chocolate bars until he finds a prize voucher. Let Y denote the number of bars he buys before getting a bar with a prize voucher.

If each bar costs 35 takas, what is the expected cost to the second student?

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Introduction to Econometrics

ISBN: 978-0133595420

3rd edition

Authors: James H. Stock, Mark W. Watson

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Posted Date: May 12, 2021 10:58 AM

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A second student keeps buying chocolate bars until he finds a prize voucher. Let Y denote the

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Introduction to Econometrics

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