Range beats the midpoint
Let be independent. The range is and the midpoint is . What is the probability that the range exceeds the midpoint?
Show hints (2)+
- Assume : the condition becomes . Add the mirror case.
- ; double it.
Answer
Reveal answer →Final answer
0.5
Create a free account to see the full worked solution and track your progress.
Interview format: Betting Game Rounds, Systematic & Data-Driven Trading