Not very hard. No math hustlers allowed.
Let X be a random variable that is equal to 1 with probability p and equal to 0 with probability (1-p). You can think of X as a coin but without equally likely outcomes. How would you calculate the expected duration (number of coin flips) until you observe for the first time X = 1?
Let X be a random variable that is equal to 1 with probability p and equal to 0 with probability (1-p). You can think of X as a coin but without equally likely outcomes. How would you calculate the expected duration (number of coin flips) until you observe for the first time X = 1?