Question: Let X1, X2, ..., Xn, . .. be a sequence of IID continuous rv s with the common PDF fx(x); note that Pr(X=a} = 0

Let X1, X2, ..., Xn, . .. be a sequence of

Let X1, X2, ..., Xn, . .. be a sequence of IID continuous rv s with the common PDF fx(x); note that Pr(X=a} = 0 for all a and that Pr Xi=X; = 0 for all i * j. For n 2 2, define Xn as a record-to-date of the sequence if X, > X; for all i

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