Let X1,..., Xn be independent and identically distributed (iid) real-valued random

variables with continuous distribution function F, and denote the corresponding

ith order statistic by Xi:n. Two random ...

In this paper, the number of observations near the maxima and minima are considered which play important role in studying the insurance business and insurance companies, see Li and Pakes (2001) and Hashorva (2003). Some ...