Describe how to reduce the error when sampling Be specific p

Describe how to \"reduce the error\" when sampling. Be specific please

Solution

For distributions such as the exponential distribution, where the first moment is well-defined and the law of large numbers applies, the expected relative error in iXinEX is on the order of magnitude of 1/sqrt(n), so if you want a relative error in the order of 10^8, you\'ll need about 10^16 realizations for better value.

to minimize sampling error are multiple observations and larger samples.