Suppose we have a sequence of positive integers, each with an unknown value
Note that each is sampled from a pmf:
The sum of these integers is a known constant
Now, the first m numbers are summed to give
How can we estimate (with ), such that the estimate is both as close to the actual value as possible, but also below the actual with probability at least
Apologies for shoddy notation, any help is greatly appreciated!
Easy Math Editor
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