I want to understand the meaning of the following:
minimize "t" s.t.
E[min (t, sigma y)]> sigma (q/p)
y is geometrically distributed
For simulation purposes it is then said:
Sigma (i1) {i1=1 to infinity} [min (t,i1)* Pr(y=i1)] > q1/p1
I am confused about the interpretation of the above term. Please advice.


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