Suppose that X1, , Xn form a random sample from an exponential distribution with parameter Explain how to use the parametric bootstrap to estimate the variance of the sample average X (No simulation is required )

Question: Suppose that X1, . . . , Xn form a random sample from an exponential distribution with parameter . Explain how to use the parametric

Suppose that X1, . . . , Xn form a random sample from an exponential with parameter θ. Explain how to use the parametric bootstrap to estimate the variance of the sample average X. (No simulation is required.)

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