Rate of growth of random analytic functions, with an application to linear dynamics

We obtain Wiman-Valiron type inequalities for random entire functions and for random analytic functions on the unit disk that improve a classical result of Erd\H{o}s and R\'enyi and recent results of Kuryliak and Skaskiv. Our results are then applied to linear dynamics: we obtain rates of growth, outside some exceptional set, for analytic functions that are frequently hypercyclic for an arbitrary chaotic weighted backward shift.