Record value

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In statistics, a record value or record statistic is the largest or smallest value obtained from a sequence of random variables. The theory is closely related to that used in order statistics.[1]

The term was first introduced by K. N. Chandler in 1952.[2]

See also[edit]

References[edit]

  1. ^ Ahsanullah, Mohammad; Nevzorov, Valery B. (2011). "International Encyclopedia of Statistical Science". p. 1195. doi:10.1007/978-3-642-04898-2_482. ISBN 978-3-642-04897-5.  |chapter= ignored (help) edit
  2. ^ Chandler, K. N. (1952). "The Distribution and Frequency of Record Values". Journal of the Royal Statistical Society. Series B (Methodological) (Royal Statistical Society) 14 (2): 220–228. JSTOR 2983870.  edit

Further reading[edit]

  • Ahsanullah, Mohammad (2004). Record Values Theory and Applications. University Press of America. ISBN 978-0-7618-2794-8.