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Extreme values are the largest or the smallest observations in a sample; e.g., the sample minimum (the first order statistic) and the sample maximum (the n-th order statistic). Associated with extreme values are asymptotic *extreme value distributions.*
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Asymptotic Distribution of Minimum Uniform Random Variables
I've been working on this problem for a while, and I've made some progress, but I'm still stuck on some parts. I was hoping to get some assistance with this!
Let $M_n = \min(X_1, ..., X_n)$ where $X_ …