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Let X<sub>n</sub>,…,X<sub>1</sub> be i.i.d. random variables with distribution function F and finite expectation. A statistician, knowing F, observes the X values sequentially and is given two chances to choose X's using stopping rules. The statistician's goal is to select a value of X as large as possible. Let V<sub>n</sub><sup>2</sup>...
Persistent link: https://www.econbiz.de/10005459367
Asymptotic results for the problem of optimal two choice stopping on an n element long i.i.d. sequence X<SUB>n</SUB>, . . . ,X<SUB>1</SUB> have previously been obtained for two of the three domains of attraction. An asymptotic result is proved for the exponential distribution, a representative from the remaining,...</sub></sub>
Persistent link: https://www.econbiz.de/10005752792