Find the point estimate of p using method of moments

[Phox]

Homework Statement

Let X₁, X₂,..., X_n 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.

Homework Equations

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.

 

[Ray Vickson]

Homework Statement

Let X₁, X₂,..., X_n 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.

Homework Equations

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.

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