On Jiang’s asymptotic distribution of the largest entry of a sample correlation matrix

Let {X,Xk,i;i≥1,k≥1} be a double array of nondegenerate i.i.d. random variables and let {pn;n≥1} be a sequence of positive integers such that n/pnn/pn is bounded away from 0 and ∞∞. This paper is devoted to the solution to an open problem posed in Li et al. (2010) [9] on the asymptotic distribution of the largest entry Ln=max1≤i