Show that if the random variable X has the geometric distribution with parameter p, and j is

Question:

Show that if the random variable X has the geometric distribution with parameter p, and j is a positive integer, then p(X ≥ j) = (1 − p) j−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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: