
Andrew Yan
Sep 13, 20242 min read
An Angelic Aspect of The Cauchy Distribution
In statistical literature, the Cauchy distribution is often branded as "evil" or "pathological" because it lacks well-defined mean, variance, or any higher-order moments. As a result, it is frequently used as a counterexample to demonstrate the breakdown of certain statistical laws, such as the Central Limit Theorem and the Law of Large Numbers - and has otherwise seen limited practical use. Interestingly, a recent publication by Liu and Xie (2020) uncovers an angelic side of