EXERCISE 3 Let X1,... , X, be independent exponential random variables with mean 1/B. Find the densities of: (a) X(i), i = 1, ..., n, (b) minimum (give the distribution name and specify parameters),...

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Extracted text: EXERCISE 3 Let X1,... , X, be independent exponential random variables with mean 1/B. Find the densities of: (a) X(i), i = 1, ..., n, (b) minimum (give the distribution name and specify parameters), and (c) maximum.