61. LetI mage be a sequence of independent identically distributed continuous random variables. We say that a
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61. LetI mage be a sequence of independent identically distributed continuous random variables. We say that a record occurs at time n ifI mage. That is,I mage is a record if it is larger than each of
. Show
(a) Image;
(b) Image;
(c) Image;
(d) Let Image. Show Image.
Hint: For
(b) and
(c) represent the number of records as the sum of indicator (that is, Bernoulli) random variables.
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