document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1164707>Question 1164707</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Five observations have been drawn independently and at random from<BR>\n" );
document.write( "a continuous distribution. What is the probability that the next observation<BR>\n" );
document.write( "will be less than all of the first five? </SPAN>\n" );
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document.write( "The problem is equivalent to this:<br><BR>\n" );
document.write( "Make 6 observations and list them in order from least to greatest.  What is the probability that the 6th observation is first in the list?<br><BR>\n" );
document.write( "Using the basic definition of probability, there are 6 possibilities for which one of the 6 observations is first; there is only one possibility for the 6th observation to be first; so the probability that the 6th observation is first in the list is 1/6.<br><BR>\n" );
document.write( "ANSWER: 1/6<br><BR>\n" );
document.write( " </SPAN>\n" );
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