Question
Consider a random variable Y that follows the geometric distribution: P(Y=n)=(1?p)(n?1)p Wheren?1represents the number of trials until the first success andpis the probability of success
Consider a random variable Y that follows the geometric distribution:
P(Y=n)=(1?p)(n?1)p
Wheren?1represents the number of trials until the first success andpis the probability of success of an individual trial. Which of the following is the cumulative distribution
function (CDF) for Y?
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
