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Mathematics, 07.10.2019 16:20 sierracupcake0220

Let x1, x2, . . , be independent and identically distributed (i. i.d.) continuous random variables with common distribution fx (x) = p{xi ≤ x}. we say that a record occurs at time n, n > 0 find the probability that the record occurs at time k?

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Let x1, x2, . . , be independent and identically distributed (i. i.d.) continuous random variables...
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