If a random sample of size n is taken without replacement from the finite population that consists

Question:

If a random sample of size n is taken without replacement from the finite population that consists of the positive integers 1, 2, . . . , k, show that

(a) The sampling distribution of the nth order statistic, Yn, is given by

For yn = n, . . . , k;

(b) n+ 1 / n ∙ Yn – 1 is an unbiased estimator of k. See also Exercise 10.80.

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...