Determine the expectation of the range of a random sample of size n from the uniform distribution

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Determine the expectation of the range of a random sample of size n from the uniform distribution on the interval [0, 1].
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Probability And Statistics

ISBN: 9780321500465

4th Edition

Authors: Morris H. DeGroot, Mark J. Schervish

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