I am learning data science through a series of HarvardX courses.
to elaborate Sample Correlation, the professor assumes
A less fortunate geneticist can only afford to take a random sample of 25 pairs.
and then, the professor runs a Monte Carlo simulation to see the the randomness of the sample correlation.
recreate R 1000 times is in a perspective of us rather than that poor geneticist, right? because the geneticist can only afford to take a random sample of 25 pairs, so the geneticist cannot get a whole view of the population, cannot run a Monte Carlo simulation like us.
is my understanding right?