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Let n be a positive integer and let X1,...,Xn i.i.d. Uniform[0,1]. Find VarY, where Y := min{X1,...,Xn}. Hint: You may need to perform integration by
Let n be a positive integer and let X1,...,Xn i.i.d. Uniform[0,1]. Find VarY, where Y := min{X1,...,Xn}. Hint: You may need to perform integration by parts
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