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BGonline.org Forums
Slight correction
Posted By: Timothy Chow In Response To: Variance Reduction (Timothy Chow)
Date: Sunday, 27 July 2014, at 2:53 p.m.
I wrote:
In other words, you don't have to worry that the reported confidence interval is a poor approximation to the truth, provided two conditions are satisfied:
1. The samples are independent.
2. The luck is bounded.
Condition 2 should also include, "the variance of the luck is bounded."
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