LetXbe the minimum andYthe maximum of two independent, nonnegative random variablesSandTwith common continuous densityf. LetZdenote the indicator

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LetXbe the minimum andYthe maximum of two independent, nonnegative random variablesSandTwith common continuous densityf. LetZdenote the indicator function of the event (S < T).

AreXandZindependent? AreYandZindependent? Are (X, Y) andZindependent?

Posted Date: May 16, 2024 09:09 AM

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LetXbe the minimum andYthe maximum of two independent, nonnegative random variablesSandTwith common continuous densityf. LetZdenote the indicator

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