FreeStatisticsEasy

Expected Maximum of n Uniforms

Asked atJane StreetAkuna Capital

Let $U_1, \dots, U_n$ be independent $\text{Uniform}(0,1)$ random variables, and let $M = \max_i U_i$ .

Find $E[M]$ , and give the intuition for the answer in one sentence.

Solution

Solution · This content requires an active subscription

Premium questions and solutions are served only to accounts with an active subscription. Nothing is hidden in this page — the text is not sent to your browser at all.

See plans Browse free questions

Question

Solution

Solution · This content requires an active subscription