Question: 3. A continuous random variable Y 20 has cdf Fy(y) given by Fy(y) = 1-e Suppose that 5 sample values are taken from this

3. A continuous random variable Y 20 has cdf Fy(y) given by Fy(y) = 1-e Suppose that 5 sample values are taken from this distribution. Let M denote the median of these 5 numerical samples. What is the probability that M> 1? Hint: This is an order statistics problem. Which order statistic does M refer to in this context?

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