Question: =+. 1 Record values. Let A ,, be the event that a record occurs at time n: max & < . < X ,, (a)

=+. 1 Record values. Let A ,, be the event that a record occurs at time n:

max & < . < X ,,

(a) Show that A1, A2 ,... are independent and P(A ,, ) = 1/n.

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