Let Y1 Y2 Yn be independent and identically distributed
Let Y1, Y2, . . . , Yn be independent and identically distributed with the following probability density function f(y) = 4(1 ? y) ^3, 0 < y < 1 //orf(y)= 0 otherwise
(a) Find the probability density function of Y(1) = min(Y1, . . . , Yn).
(b) Find the probability that Y(1) is less than 0.1.
(c) Find the expected value of Y(1). (Hint: beta distribution). (d) Find the variance of Y(1). (Hint: beta distribution).
Solution
similar soultion but in case Y(n)
http://www.chegg.com/homework-help/mathematical-statistics-with-applications-7th-edition-chapter-6-problem-80e-solution-9780495385080
