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A is a geometric random variable and has a parameter of 1/3. B 1 , B 2 , B 3 and so on are uniform

A is a geometric random variable and has a parameter of 1/3. B1, B2, B3 and so onare uniform random variables with parameters (0,1). All of them are independent.

i) If C = max(B1...BA), what is the value of t such that P(Ct)? Also calculate E(C) and Var(C), to 7 decimal places.

ii) If D = min(B1...BA), what is the value of t such that P(Dt)? Also calculate E(D) and Var(D), to 7 decimal places.

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