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

  1. Apr 16, 2013 #1
    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. jcsd
  3. Apr 16, 2013 #2

    Ray Vickson

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    Science Advisor
    Homework Helper

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