use the complement
now set this greater than or equal to .95, take the log... blah blah
Can anyone help me solve this problem??
Suppose that X(subscript 1),....,X(subscript n) form a random sample from a unifom distribution on the interval [0,1] and that the random variable Y(subscript n)= max{X(subscript 1),....,X(subscript n)}.
Determine the smallest value of n such that Pr[Y(subscript n)≥.99]≥.95