Intro to Business Statistics

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Geometric distribution

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Intro to Business Statistics

Definition

A geometric distribution describes the number of trials needed for a single success in a sequence of independent Bernoulli trials. Each trial has the same probability of success.

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5 Must Know Facts For Your Next Test

  1. The probability mass function (PMF) of a geometric distribution is $P(X = k) = (1 - p)^{k-1} p$ where $k$ is the trial number and $p$ is the probability of success.
  2. The expected value (mean) of a geometric distribution is $E(X) = \frac{1}{p}$.
  3. The variance of a geometric distribution is $Var(X) = \frac{1 - p}{p^2}$.
  4. A geometric distribution assumes that each trial is independent and has only two possible outcomes: success or failure.
  5. The cumulative distribution function (CDF) for a geometric distribution is $F(k; p) = 1 - (1 - p)^k$.

Review Questions

  • What is the formula for the probability mass function (PMF) of a geometric distribution?
  • How do you calculate the expected value for a geometric distribution?
  • What assumptions must hold true for data to follow a geometric distribution?
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