# Homework Help: Find the point estimate of p using method of moments

1. Apr 16, 2013

### Phox

1. The problem statement, all variables and given/known data

Let X1, X2,..., Xn be a random sample of size n from a geometric distribution for which p is the probability of success. Let m denote the sample mean.

Use the method of moments to find a point estimate for p. Please write your answer in terms of m.

2. Relevant equations

3. The attempt at a solution
so wouldn't this just be the answer?

I don't understand what it means by in terms of m. It seems like the answer should be more simple than this because I have to type it into a basic text box.

2. Apr 16, 2013

### Ray Vickson

What do you mean by $k_1, k_2, \ldots, k_n?$ For a given sample, how would you compute m?