Question: Q6 Problem without a Story 1 Point Consider 9 random variables X1, X2, ..., X9 ~ Ber(p), for some p between 0 and 1, independent

Q6 Problem without a Story 1 Point Consider 9 random variables

Q6 Problem without a Story 1 Point Consider 9 random variables X1, X2, ..., X9 ~ Ber(p), for some p between 0 and 1, independent of each other. What is E max( X1, . . ., X9)]? Op O1-py O ( 1 -p)9 01 -(1-p)9 O None of the above

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3. How much information do we need to collect?

2. What types of information are we collecting?

5. How quickly can we manage to collect the information?