Question: 1. Problem14.3Supposethatyoudrawanumberatrandomfromtheunitinterval r times. A draw is called a record draw when the resulting number is larger than the previously drawn numbers. Determine the generating

1. Problem14.3Supposethatyoudrawanumberatrandomfromtheunitinterval r times. A draw is called a “record draw” when the resulting number is larger than the previously drawn numbers. Determine the generating function of the numberofrecorddraws.Whataretheexpectedvalueandvarianceofthenumber of record draws?

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