Question: Using R, how to perform Monte-Carlo estimation of = E (e^U ) where U is a continuous uniform random variable between 0 and 1 (a)
Using R, how to perform Monte-Carlo estimation of = E (e^U ) where U is a continuous uniform random variable between 0 and 1 (a) Estimate using 1000 data points and obtain a 95% confidence interval for this case. (b) Perform part (a) 100 times. Check how often the true actually does fall within the 100 resulting confidence intervals.
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