Doesn't T a geometric random variable? So, why does it use a binomial? By other side, how

Fantastic news! We've Found the answer you've been seeking!

Question:

Doesn't T a geometric random variable? So, why does it use a binomial?

By other side, how can i calculate the expect of T?

More details in the image loaded

Posted Date: Jun 25, 2024 09:05 AM

See More Questions

The following combined income and retained earnings statement, along with selected balance sheet data, are provided for Roper Company: 1. Using the indirect method, compute the net cash flows from...
Three years ago Yeagley and Sons purchased the three assets listed in the following table. The chief financial officer, Kathy Dillon, is presently trying to decide what to do with each asset. She has...
Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer Larry any financial aid. Larry values attending Elite U at $60,000 per...
In 90 days, a company will have to borrow $5 million for 180 days and they are concerned that interest rates may rise leading to increased interest expense. They decide to hedge with a 3 x 9 FRA....
Wing Yin Tsui, CEO of Lian Huang & Wong Bin Dean Hwang Manufacturing Limited is considering a four year project. The project requires an initial investment of $10,000,000 to buy new equipment. The...
Does variation in S&P 500 values can be explained satisfactorily using all or any combination of remaining variables - Dow jones, Nasdaq, Crude Oil, Gold, and USD/EUR? Apply appropriate Page | 3...
According to an article in Forbes, American companies can and are raising capital in Japan at relatively low rates of interest. Dow Chemical, for instance, has raised $500 million in yen. That cost...
Required: Raphael and Martina are engaged and are planning to travel to Las Vegas during the 2019 Christmas season and get married around the end of the year. In 2019, Raphael expects to earn $50,600...
A home healthcare agency has a physician as the executive director and six employees providing direct care services to patients. The accounting records of the agency show the following items:...
Madhu and Neha were partners in a firm sharing profits and losses in the ratio of 3 : 5. Their fixed capitals were Rs.4, 00, 000 and Rs.6, 00, 000 respectively. On 1/1/2016, Tina 1 th was admitted as...

Doesn't T a geometric random variable? So, why does it use a binomial? By other side, how

Question:

Expert Answer:

Students also viewed these mathematics questions