Sufficient Statistic

In this video we provide the definition of sufficient statistic and illustrate with an example. Also, cover the topic of Auxiliary Randomization and illustrate with an example. Finding sufficient statistics using the methods discussed in this video is often difficult. In the next video we discuss a way to find sufficient statistics in a much easier way. ############### If you'd like to donate to the success of my channel, please feel free to use the following PayPal link. $15, $10, $5 or other is fine! Many thanks in advance. Matthew P.S. You may need to copy and paste into your browser. paypal.me/statisticsmatt Help this channel to remain great! Donating to Patreon or Paypal can do this!   / statisticsmatt   https://paypal.me/statisticsmatt