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Descriptive Statisticshard
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Three random variables X1,X2,X3X_1, X_2, X_3X1​,X2​,X3​ are drawn from a population with mean μ\muμ and variance σ2\sigma^2σ2. However, they are not independent: the covariance between any pair is Cov(Xi,Xj)=ρσ2Cov(X_i, X_j) = \rho\sigma^2Cov(Xi​,Xj​)=ρσ2 for i≠ji \neq ji=j. If we calculate the standard sample variance s2=12∑i=13(Xi−Xˉ)2s^2 = \frac{1}{2} \sum_{i=1}^3 (X_i - \bar{X})^2s2=21​∑i=13​(Xi​−Xˉ)2, what is its expected value E[s2]E[s^2]E[s2]?