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
References
- ^ Ahsanullah, Mohammad; Nevzorov, Valery B. (2011). "Record Statistics". International Encyclopedia of Statistical Science. p. 1195. doi:10.1007/978-3-642-04898-2_482. ISBN 978-3-642-04897-5.
- ^ 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.
Further reading
- Ahsanullah, Mohammad (2004). Record Values Theory and Applications. University Press of America. ISBN 978-0-7618-2794-8.
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