Suppose that X₁, X2, X3 are independent and identically distributed random variables with distribution function: Fx (x) = 1−3−* for x ≥ 0 and Fx (x) = 0 for x < 0. Let Y = max (X₁, X₂, X3), the maximum of the random variables X₁, X2, X3. Determine P (Y > 1).

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Suppose that X₁, X2, X3 are independent and identically distributed random variables with
distribution function:
Fx (x) = 1 – 3¯ª for x ≥ 0 and Fx (x) = 0 for x < 0.
Let Y = max (X₁, X₂, X3), the maximum of the random variables X₁, X2, X3.
Determine P (Y > 1).
Transcribed Image Text:Suppose that X₁, X2, X3 are independent and identically distributed random variables with distribution function: Fx (x) = 1 – 3¯ª for x ≥ 0 and Fx (x) = 0 for x < 0. Let Y = max (X₁, X₂, X3), the maximum of the random variables X₁, X2, X3. Determine P (Y > 1).
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