Hello!
This seems really simple but I can still not quite figure it out and would love your assistance.
I have to determine the expected value and variance of the number of successes of n independent Bernoulli trials with a common success probability u, conditioned on u=U where U~Unif(0,1).
I've only heard of the formula for k successes and don't really know where to start. Especially with the probability being uniform distributed.
Thanks in advance!
This seems really simple but I can still not quite figure it out and would love your assistance.
I have to determine the expected value and variance of the number of successes of n independent Bernoulli trials with a common success probability u, conditioned on u=U where U~Unif(0,1).
I've only heard of the formula for k successes and don't really know where to start. Especially with the probability being uniform distributed.
Thanks in advance!