Review and intuition why we divide by n-1 for the unbiased sample | Khan Academy - YouTube
Naiive sample variance estimator:
⇒ Sample variance is biased. Besset Corrected sample variance estimator:
- Larger than the naiive sample estimator
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Review and intuition why we divide by n-1 for the unbiased sample | Khan Academy - YouTube
Naiive sample variance estimator:
s^2=n∑i=1n(xi−xˉ)⇒ Sample variance is biased. Besset Corrected sample variance estimator:
s^2=n−1∑i=1n(xi−xˉ)