Can we find the lowest attainable bound for the 100 m sprint times, i.e. the quickest it can be run ever, using the past data?
So every now and again the record gets broken and we can map the new record time. But surely there must be a particular time which can not be broken? For example, we know that no human will ever run 100 m in 5 seconds. So what would be the lower bound for these record times?
I feel that perhaps times taken to run the 100 m (by professional runners) follow a log normal distribution but I would think that the mean also decreases every now and again and perhaps the variance as well.
So perhaps a way to go about solving for this would be to find a value for the "mean" whereby the semi-variance (variance below this "mean") is zero.
Just a random question out of curiosity: any input or help would be appreciated.