A student asked a colleague of mine if the sample maximum was the best point estimator of the population maximum. While I was tempted to say yes, the idea that this must surely be a biased under-estimator came to mind. Can someone answer the problem and point me to a source?
Thank you
Howard
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| Howard S. Kaplon | Department of Mathematics |
| Phone: 410-704-3087 | Towson University |
| FAX: 410-704-4149 | 8000 York Road |
| | Towson, Maryland 21252 |
| | United States of America |
| |
| E-mail: [EMAIL PROTECTED] |
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