Find the value of the correlation


Discuss the following:

Q1: Joint pdf of a sample maximum and minimum is as below

f(a,b)=n(n-1)[F(b)-F(a)]n-2 f(a)f(b)

Where a < b

Find the joint pdf of the largest and smallest observations , denoted A(n) and A(1) respectively, in a sample of n drawn from the pdf below:

f(a)=(k+1)ak/ck+1

Where 0≤ a ≤ c

Q2: Find the general formula for the moment below if n=3, k=1, c=1

E(Aγ(1)As(n))

Find the value of the correlation between the largest and the smallest observation in such a sample

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Basic Statistics: Find the value of the correlation
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