How many papers do you expect to hand in before you receive


Problem

A particular professor is known for his arbitrary grading policies. Each paper receives a grade from the set {A, A-, B+. B, B-, C+}, with equal probability, independent of other papers. How many papers do you expect to hand in before you receive each possible grade at least once?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Econometrics: How many papers do you expect to hand in before you receive
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