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Expected variance of subset of population |
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| Nov7-10, 04:17 AM | #1 |
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Expected variance of subset of population
I want to calculate expected variance of a randomly selected subset of a population.
The particular problem I am trying to solve is as follows. There is a set of values X = {x1, ... , xn}. Let Y be subset of X with n-1 elements. I think that if Y is selected at random (that is, if is produced by randomly removing an element of X), the expected variance of Y is less than the variance of X. Is this right and if so is there a simply proof? |
| Nov10-10, 06:45 AM | #2 |
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A hard way: write sum(Y)=sum(X)-xj etc.
An easy way: The law of total variance. |
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