a common confusion between sample and population moments
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![A now-defunct discussion on X validated somewhat getting out of control as the [edited] OP did not catch the issue of the population moments not existing (for a ratio of Normals). Until the OP deleted the question.](https://xianblog.files.wordpress.com/2021/04/xvalutoctrl.jpg?w=450&resize=450%2C170#038;h=170)
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