In addition to limit theorems that deal with sums, there

Chapter , Problem 29

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In addition to limit theorems that deal with sums, there are limit theorems that deal with extreme values such as maxima or minima. Here is an example. Let \(U_{1}, \ldots, U_{n}\) be independent uniform random variables on [0, 1], and let \(U_{(n)}\) be the maximum. Find the cdf of \(U_{(n)}\) and a standardized \(U_{(n)}\), and show that the cdf of the standardized variable tends to a limiting value.

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