Sums of Random Variables from a Random SampleWhen a random sample is drawn, some summary of the values is usually computed. Any well-defined summary may be expressed mathematically as a function of an n-dimension vector. The domain of that…
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Basic Concepts of a Random SampleWe 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…
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