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  2. Independent and identically distributed random variables

    en.wikipedia.org/wiki/Independent_and...

    Then, "independent and identically distributed" implies that an element in the sequence is independent of the random variables that came before it. In this way, an i.i.d. sequence is different from a Markov sequence , where the probability distribution for the n th random variable is a function of the previous random variable in the sequence ...

  3. Convergence of random variables - Wikipedia

    en.wikipedia.org/.../Convergence_of_random_variables

    Not every sequence of random variables which converges to another random variable in distribution also converges in probability to that random variable. As an example, consider a sequence of standard normal random variables X n {\displaystyle X_{n}} and a second sequence Y n = ( − 1 ) n X n {\displaystyle Y_{n}=(-1)^{n}X_{n}} .

  4. Exchangeable random variables - Wikipedia

    en.wikipedia.org/wiki/Exchangeable_random_variables

    For infinite sequences of exchangeable random variables, the covariance between the random variables is equal to the variance of the mean of the underlying distribution function. [10] For finite exchangeable sequences the covariance is also a fixed value which does not depend on the particular random variables in the sequence.

  5. Stochastic process - Wikipedia

    en.wikipedia.org/wiki/Stochastic_process

    One of the simplest stochastic processes is the Bernoulli process, [80] which is a sequence of independent and identically distributed (iid) random variables, where each random variable takes either the value one or zero, say one with probability and zero with probability .

  6. De Finetti's theorem - Wikipedia

    en.wikipedia.org/wiki/De_Finetti's_theorem

    A random variable X has a Bernoulli distribution if Pr(X = 1) = p and Pr(X = 0) = 1 − p for some p ∈ (0, 1).. De Finetti's theorem states that the probability distribution of any infinite exchangeable sequence of Bernoulli random variables is a "mixture" of the probability distributions of independent and identically distributed sequences of Bernoulli random variables.

  7. Lindeberg's condition - Wikipedia

    en.wikipedia.org/wiki/Lindeberg's_condition

    [1] [2] [3] Unlike the classical CLT, which requires that the random variables in question have finite variance and be both independent and identically distributed, Lindeberg's CLT only requires that they have finite variance, satisfy Lindeberg's condition, and be independent. It is named after the Finnish mathematician Jarl Waldemar Lindeberg. [4]

  8. Wald's equation - Wikipedia

    en.wikipedia.org/wiki/Wald's_equation

    Let (X n) n∈ be a sequence of real-valued, independent and identically distributed random variables and let N ≥ 0 be an integer-valued random variable that is independent of the sequence (X n) n∈. Suppose that N and the X n have finite expectations. Then

  9. Bernoulli process - Wikipedia

    en.wikipedia.org/wiki/Bernoulli_process

    The term Bernoulli sequence is often used informally to refer to a realization of a Bernoulli process. However, the term has an entirely different formal definition as given below. Suppose a Bernoulli process formally defined as a single random variable (see preceding section). For every infinite sequence x of coin flips, there is a sequence of ...