Data Reduction and SufficiencyThe information in a random sample is used to make inferences about an unknown parameter theta. If the sample size n is large, then the observed sample is a long list of numbers that is difficult, if…
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Conditional Distributions and IndependenceOftentimes when two random variables (X, Y) are observed, the values of the two variables are related. For example, it may be that knowledge about the value of X gives information about the value of…
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