Question: Suppose that we have available as many i.i.d. standard normal random variables as we desire. Let X stand for a random variable having the normal

Suppose that we have available as many i.i.d. standard normal random variables as we desire. Let X stand for a random variable having the normal distribution with mean 2 and variance 49. Describe a method for estimating E(log(|X| + 1)) using simulation.

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We could simulate a lot say v0 standard normal random variables W 1 W v0 and let X i 7... View full answer

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