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First we define a random variable ( wind speed ) V

First we define a random variable ( wind speed ) V as a result of the following procedure (random experiment): C hoose at random (equal probability ) an integer from {1 ,...., 61354} a nd call it J. Define V as wind speed v observed at hour J .

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First we define a random variable ( wind speed ) V

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  1. First we define a random variable (wind speed ) V as a result of the following procedure (random experiment): Choose at random (equal probability) an integer from {1,...., 61354} and call it J.DefineV as wind speed v observed at hour J. Let repeat the experiment n times in an independent manner resulting in a vector of rv. i.e. yearly energy production, as n increases. Example: For n=10 (vales of J are the red dots in the figure) • 116678 109045

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