Suppose that a random variable X has the geometric distribution with unknown parameter p (See Sec 5 5 ) Find a statistic (X) that will be an unbiased estimator of 1 p ...

If X has the geometric distribution ...

Suppose that a random variable X has the geometric distribution with unknown parameter p. (See Sec. 5.5.)

Question:

Suppose that a random variable X has the geometric with unknown parameter p. (See Sec. 5.5.) Find a statistic δ(X) that will be an unbiased estimator of 1/p.
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...