RiskGeomet

Description

RiskGeomet(p) specifies a geometric distribution with parameter p. This distribution is usually used to model the number of trials before the first “success” in a sequence of independent, identical trials with probability p of success on each trial. For example, it could be used in a maintenance model to represent the number of months before a car breaks down. However, because the distribution requires a constant probability of breakdown per trial, other models, where the probability of breakdown increases with age, might be more realistic.

 

Examples

RiskGeomet(0.25) returns a geometric distribution with a 25% probability of success on each trial.

RiskGeomet(A18) returns a geometric distribution with a probability of success on each trial taken from cell A18.

 

Guidelines

p must be between 0 and 1 (0 isn’t allowed, 1 is allowed).

Parameters

p      continuous "success" probability      

Domain

     discrete integers

Mass and Cumulative Distribution Functions

 

Mean

 

Variance

 

Skewness

for p < 1

Not Defined for p = 1

 

Kurtosis

for p < 1

Not Defined for p = 1

 

Mode

0

Examples