Find the mean and the variance of the number of candy bars, Econometrics

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Find the mean and the variance of the number of candy bars

As an advertising campaign, a chocolate factory places golden tickets in some of its candy bars, with the promise that a golden ticket is worth a trip through the chocolate factory, and all the chocolate you can eat for life. If the probability of finding a golden ticket is p, find the mean and the variance of the number of candy bars you need to eat to find a ticket.

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Econometrics: Find the mean and the variance of the number of candy bars

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Econometrics: Find the mean and the variance of the number of candy bars

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