random-variable

  1. Nicole Seaman

    P1.T2.20.12. BLUE estimators, Law of large numbers (LLN), and central limit theorem (CLT)

    Learning objectives: Explain what is meant by the statement that the mean estimator is BLUE. Describe the consistency of an estimator and explain the usefulness of this concept. Explain how the Law of Large Numbers (LLN) and Central Limit Theorem (CLT) apply to the sample mean. Estimate and...
  2. Nicole Seaman

    P1.T2.710. Mean and standard deviation (Miller, Ch.3)

    Learning objectives: Interpret and apply the mean, standard deviation, and variance of a random variable. Calculate the mean, standard deviation, and variance of a discrete random variable. Interpret and calculate the expected value of a discrete random variable. Questions: 710.1. The...
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