Average longest piece of a stick cut twice
Question
A stick of unit length is broken at two points chosen independently and uniformly along its length, producing three pieces. What is the expected length of the longest piece?
Short answer
. The three lengths are uniform on the simplex, and for such spacings the expected largest is . With this is .
Adapted from Crack, Heard on the Street, Q4.36, p.43; question and answer rewritten by SelfMadeQuant.com.
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Open the worked solutionLessons behind this question
- Order Statistics and Sample Quantiles
- Expectation, Mean, and Variance
- Conditional Expectation and Variance Revisited
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