k-th order statistic
For five independent variables sorted ascending, what is the expected value of the 3rd smallest? (to 3 decimals)
Show hints (2)+
- n order statistics cut [0,1] into n+1 equal expected gaps.
- E[k-th of n] = k/(n+1).
Answer
Reveal answer →Final answer
0.5 (± 0.005)
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