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Learn fundamental concepts of statistics including Independent and Identically Distributed (iid) Random Variables in this comprehensive lecture. Explore the crucial distinctions between random variables and realizations of samples while gaining hands-on experience with statistical examples using R programming. Delve into the properties of Sample Mean and get introduced to the Central Limit Theorem, establishing a solid foundation for statistical analysis and probability theory.
Introduction to Statistics: Independent and Identically Distributed Random Variables - Lecture 12