How do I solve this:
$$\sum_{k=1}^{\infty}k(1-p)^{k-1}$$
I forgot how to do this, or the formula I need to use. Could not find it online for some reason.
How do I solve this:
$$\sum_{k=1}^{\infty}k(1-p)^{k-1}$$
I forgot how to do this, or the formula I need to use. Could not find it online for some reason.
We have $$\sum_{k\geq0}x^{k}=\frac{1}{1-x},\left|x\right|<1 $$ hence taking the derivative $$\sum_{k\geq0}kx^{k-1}=\frac{1}{\left(1-x\right)^{2}} $$ then take $x=1-p$.