If $X_i$ has a Beta distribution $\beta(1,K)$.
What is the best approximation for the distribution of $ S=\sum_{i=1}^N X_i$, when the $X_{i}$ are independent and $N$ is finite.
Thanks
If $X_i$ has a Beta distribution $\beta(1,K)$.
What is the best approximation for the distribution of $ S=\sum_{i=1}^N X_i$, when the $X_{i}$ are independent and $N$ is finite.
Thanks
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