Bounds for the mean of the minimum of binomial random variables

soroush1358
Messages
3
Reaction score
0
Dear Friends,
I want to find an upper and lower bound for the expected value of the minimum of independent binomial random variables. What paper/book do you suggest for this problem?

In other words, I need to find bounds for E(min(X1,X2,...,Xn)), where Xi 's are independent random variables with binomial distribution.

Thanks in advance.
 
Physics news on Phys.org
Why do you need bounds, have you thought of deriving/computing the expected value directly?
 
There is not any close formula for the cdf of binomial distribution. Hence, it seems that the minimum can not be evaluated theoretically. As a result of this, I prefer to find some upper and lower bounds for it.
 
Namaste & G'day Postulate: A strongly-knit team wins on average over a less knit one Fundamentals: - Two teams face off with 4 players each - A polo team consists of players that each have assigned to them a measure of their ability (called a "Handicap" - 10 is highest, -2 lowest) I attempted to measure close-knitness of a team in terms of standard deviation (SD) of handicaps of the players. Failure: It turns out that, more often than, a team with a higher SD wins. In my language, that...
Hi all, I've been a roulette player for more than 10 years (although I took time off here and there) and it's only now that I'm trying to understand the physics of the game. Basically my strategy in roulette is to divide the wheel roughly into two halves (let's call them A and B). My theory is that in roulette there will invariably be variance. In other words, if A comes up 5 times in a row, B will be due to come up soon. However I have been proven wrong many times, and I have seen some...
Back
Top