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For example, if the sample values are:
then the second order statistic is:
The first order statistic (or smallest order statistic) is always the minimum of the sample. For a sample of size n, the nth order statistic (or largest order statistic) is the maximum.
In conventional notation, one writes:
with no round brackets () in the subscripts, referring to the data in the order in which they appear, and:
with round brackets () in the subscripts, referring to the order statistics, i.e., the data sorted into increasing order.
Contrast with quantiles....