An interesting case on X validated of someone puzzled by the simulation (and variance) of the random variable 1/X when being able to simulate X. And being surprised at the variance of the ratio being way larger than the variances of both numerator and denominator.
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This entry was posted on September 28, 2021 at 12:21 am and is filed under Books, R, Statistics, University life with tags cross validated, gamma distribution, inverse Gamma distribution, Monte Carlo, Moschopoulos distribution, simulation, teaching, unconscious statistician. You can follow any responses to this entry through the RSS 2.0 feed.
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September 28, 2021 at 8:15 am
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