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A random variable or stochastic variable is a value that is subject to chance variation (i.e., randomness in a mathematical sense).

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Unbiased estimator for the smaller of two random variables

Suppose $X \sim \mathcal{N}(\mu_x, \sigma^2_x)$ and $Y \sim \mathcal{N}(\mu_y, \sigma^2_y)$ I am interested in $z = \min(\mu_x, \mu_y)$. Is there an unbiased estimator for $z$? The simple estimator o …
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