Let X and Y be independent exponential random variables, each with mean 1/μ.

Further, let Z = min(X,Y), and W = max( X,Y). Find E(Z), E(W), Var(Z) and Var(W).

Printable View

- Mar 7th 2013, 11:39 AMOceanamieIndependent Exponential Random Variables
Let X and Y be independent exponential random variables, each with mean 1/μ.

Further, let Z = min(X,Y), and W = max( X,Y). Find E(Z), E(W), Var(Z) and Var(W). - Mar 8th 2013, 03:23 AMchiroRe: Independent Exponential Random Variables
Hey Oceanamie.

Hint: Calculate the distribution for the order statistic.