Generating Functions, Taylor Series, Taylor Theorem, Central Limit Theorem, Deep Dives.
moment of a random variable X is the expected value of X raised to the k-th power. The k-th raw moment of X (Image by Author) This is known as the k-th raw moment. The k-th moment of X around some value c is known as the k-th central moment of X. It’s simply the k-th raw moment of (X — c): The k-th