I am a bit confused when I read "iid distribution".
It looks to me like what is called "uniform distribution" i.e. a distribution of probability that is constant in a range. Am I correct in thinking this?
What distributions could be considered "iid" other than the simple "uniform" one? Reading on Wikipedia it is mentioned Levy Processes, not even the uniform. In which way should I think of what is supposed to be an IID distribution?
Kind Regards AFG
It means "independent and identically distributed", it is used referring to some random variables, to say they are independent from each other and have the same distribution.