We begin by defining a random sample and explaining how a random sample is also considered a collection of independent and identically distributed random variables. To do so, the idea of mutually…
In this video, the moment generating (MGF) is defined. Its utility for finding the moments of a distribution is presented and illustrated. Following two examples, the use of the MGF for equating…
This lesson is the first of many that discuss probability functions. We begin the discussion of probability functions with the cumulative distribution function (CDF). The CDF is defined and…