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Unformatted text preview: minus the value (k) The mean and standard deviation of a binomial random variable: Know the four things that make it a geometric setting (the same as binomial except there is not a fixed number of observations) Rule for calculating geometric probability: If n is any one of the values, then the probability that the first success occurs on the nth trial is P(X=n)=(1-p) n-1 p 8.2 The mean of a geometric random variable The probability that it takes more than n trials to see the first success is (1-p) n...
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