Question: Let X 1 , . . . , X n be an i.i.d. sequence of Uniform (0, 1) random variables. Let M = max(X 1

Let X1, . . . , Xn be an i.i.d. sequence of Uniform (0, 1) random variables. Let M = max(X1, . . . , Xn).
(a) Find the density function of M.
(b) Find E[M] and V[M].

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a The cdf of M is F M t PM t PX 1 t ... View full answer

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