Solution

ID: past-exam-of-the-mathematics-course-of-the-university-of-cambridge/2018/ii/paper-3/31b/b/solution

Use the real integral representation of the modified Bessel function of the second kind
The unique stationary point is the strict maximum
The Laplace approximation is consequently
For fixed , as ,
Substitution gives the required large-order asymptotic of the modified Bessel function of the second kind:

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