Assume you have to estimate 0 =E[X], where X is a random variable. How many simulations...
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Assume you have to estimate 0 =E[X], where X is a random variable. How many simulations would you need to have a sample standard deviation less than 0.05? What would be the 95% confidence of interval for 0? Assume that the sample variance of your estimator is S = 16 after 1000 samples. Assume you have to estimate 0 =E[X], where X is a random variable. How many simulations would you need to have a sample standard deviation less than 0.05? What would be the 95% confidence of interval for 0? Assume that the sample variance of your estimator is S = 16 after 1000 samples.
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