Question

1. Imagine a person who wants to find a job within two months. (a) Explain why...

1. Imagine a person who wants to find a job within two months.

(a) Explain why the eventual outcome (finding a job or not finding a job) can be viewed

as a random variable.

(b) Define random variable X corresponding to the outcome in part (a), such that X= 1 if the person finds a job and X = 0 otherwise. Suppose the probability of finding a

job is p. What is the support of X? What is the distribution of X?

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