English

Exchangeability and randomness for infinite and finite sequences

Statistics Theory 2026-01-21 v2 Methodology Statistics Theory

Abstract

Randomness (in the sense of being generated in an IID fashion) and exchangeability are standard assumptions in nonparametric statistics and machine learning, and relations between them have been a popular topic of research. This short paper draws the reader's attention to the fact that, while for infinite sequences of observations the two assumptions are almost indistinguishable, the difference between them becomes very significant for finite sequences of a given length.

Keywords

Cite

@article{arxiv.2512.22162,
  title  = {Exchangeability and randomness for infinite and finite sequences},
  author = {Vladimir Vovk},
  journal= {arXiv preprint arXiv:2512.22162},
  year   = {2026}
}

Comments

18 pages, 2 figures

R2 v1 2026-07-01T08:41:49.283Z