On a product line that you manage, the number of inspections…
On a product line that you manage, the number of inspections until the first failure each day is thought to have the geometric pmf. For one 6-day week, you collect data: On Monday the first failure occurred on inspection #. On Tuesday the first failure occurred on inspection #. On Wednesday the first failure occurred on inspection #. On Thursday the first failure occurred on inspection #. On Friday the first failure occurred on inspection #. On Saturday the first failure occurred on inspection #. This copywritten question is part of a quiz or exam given at Arizona State University. It may not be posted or reproduced without permission from Dr. L. Chattin. Determine the maximum likelihood estimate of the parameter, p, to three decimal places. (Remember, if a number has trailing 0s, such as 0.030, Canvas will edit your entry to 0.03.)