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Explain how to solve this question 1 Question for MATH3801 Let Xl, X2,... be iid random variables with student distribution with I degree of freedom.

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1 Question for MATH3801 Let Xl, X2,... be iid random variables with student distribution with I degree of freedom. Find the cdf FM of the limiting distribution of the random variable Ir max{XI, . . . , Xn) Verify ymur answer using computer simulation, that is, (Ompare a histogram/ecdf (empirical cdf) of a large number of simulated Mn (for large n) with yxur formula for the cdf/pdf of Mn.

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