Consider a set of independent data observations x1, , xn that have a geometric distribution with an unknown parameter p Show that the method of moments and maximum likelihood estimation both produce the point estimate 1 ...

Consider a set of independent data observations x1,..., xn that have a geometric distribution with an unknown

Question:

Consider a set of independent data observations x1,..., xn that have a geometric with an unknown parameter p. Show that the method of moments and maximum likelihood estimation both produce the point estimate
= 1 /
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...