Let y 1 < y 2 < y 3 be the observed values of the order statistics
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Let y1 < y2 < y3 be the observed values of the order statistics of a random sample of size n = 3 from a continuous type distribution. Without knowing these values, a statistician is given these values in a random order, and she wants to select the largest; but once she refuses an observation, she cannot go back. Clearly, if she selects the first one, her probability of getting the largest is 1/3. Instead, she decides to use the following algorithm: She looks at the first but refuses it and then takes the second if it is larger than the first, or else she takes the third. Show that this algorithm has probability of 1/2 of selecting the largest.
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Related Book For
Introduction To Mathematical Statistics
ISBN: 9780321794710
7th Edition
Authors: Robert V., Joseph W. McKean, Allen T. Craig
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