Record Values and Their Applications for Exponential and Rayleigh Distributions - A Handbook

Records arise naturally in many fields of study such as climatology, sports, science, engineering, medicine, traffic, and industry, among others. An observation is called a record if its value is greater than (or analogously, less than) all the preceding observations. The exponential and Rayleigh distribution play pivotal roles in the study of records because of their wide applicability in the mod...