Question: Let X1, X be an iid sequence with E|X| < for a given q. What is your best approximation to the probability of {maxi=1,...,n

Let X1, X be an iid sequence with E|X| < for a

Let X1, X be an iid sequence with E|X| < for a given q. What is your best approximation to the probability of {maxi=1,...,n |Xi|> c} for some c?

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