%0 Journal Article %T Distribution of the Maximum and Minimum of a Random Number of Bounded Random Variables %A Jie Hao %A Anant Godbole %J Open Journal of Statistics %P 274-285 %@ 2161-7198 %D 2016 %I Scientific Research Publishing %R 10.4236/ojs.2016.62023 %X We study a new family of random variables that each arise as the distribution of the maximum or minimum of a random number N of i.i.d. random variables X1, X2,¡­, XN, each distributed as a variable X with support on [0, 1]. The general scheme is first outlined, and several special cases are studied in detail. Wherever appropriate, we find estimates of the parameter ¦È in the one-parameter family in question. %K Maximum and Minimum %K Random Number of i.i.d. Variables %K Statistical Inference %U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=65869