4. There are 10 keys and only one of them can open a lock. We do not know which key can open the lock, but we will try them one by one until we find the right key. Let X denote the number of times tried to find the right key. (a) What is the p.m.f. of X? (b) What is the C.D.F. of X? (c) What is the mean and variance of X?
4. There are 10 keys and only one of them can open a lock. We do not know which key can open the lock, but we will try them one by one until we find the right key. Let X denote the number of times tried to find the right key. (a) What is the p.m.f. of X? (b) What is the C.D.F. of X? (c) What is the mean and variance of X?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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