Order Statistics, Example 1 | Probability | Joint Probability Density
Channel: BMJ - Ben's MJourney
Date: 2021-07-05

In this video tutorial, we study a probability problem in which we need to find the probability of the largest among three independent and uniformly distributed random variables  is greater than the sum of the other two. We use two approaches; in the first one, we utilize the order statistics; in the second one, we just use the joint probability density directly.


This tutorial should be useful for reviewing probability theory or preparing for the Actuary SOA EXAM P.