Question: 2. Minimum and Average In this exercise you will discover properties of the sample minimum and the sample average of i.i.d. samples taken from two


2. Minimum and Average In this exercise you will discover properties of the sample minimum and the sample average of i.i.d. samples taken from two well-known distributions. If necessary, you can leave answers in terms of the standard normal cdf (I). (a) Let U1, U2, , U\" be i.i.d. uniform (O, 1) random variables and let X\" = min{U1 , U2, , UH}. Find the survival function of X" and hence find the density of X n. (b) Let T1, Tz, , Tn be i.i.d. exponential (A) random variables and let Y\" = min{T1, T2, , Tn}. Find the survival function of Y\" and hence identify the distribution of K, as one of the famous ones; remember to provide the relevant parameters. (e) Let U1, U2, , U,1 be i.i.d. uniform (0, 1) random variables and let V = i 2;] U,-. For large it, find an approximation to the survival function of V\". (cl) Let T1, T2, , Tn be i.i.d. exponential (A) random variables and let M = % 2:1 '1}. For large n, find an approximation to the survival function of IV\
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