sequences and equations within text in latex

Question

I am struggling to insert the circled passage into latex, if anyone can translate it for me.

When i have tried to insert it the equations within the text they start on a new line

Answer 1

Not sure why anybody would have to "struggle" here: All one has to do is use nested enumerate environments. No special packages required. Be sure to use inline math mode rather than some display math environments for the mathy stuff.

\documentclass{article}

\begin{document}
\noindent
\dots\ $\hat{\theta}$ is obtained as follows. % end of prior sentence 
\begin{enumerate}
\item For each bootstrap replicate, indexed $b=1,\dots,B$:
  \begin{enumerate}
  \item Generate sample $x^{*(b)} = x^{*}_1, \dots, x^{*}_n$ by sampling \dots
  \item Compute the $b$\textsuperscript{th} replicate \dots
  \end{enumerate}
\item The bootstrap estimate of $F_{\hat{\theta}}(\cdot)$ is the \dots
\end{enumerate}

The bootstrap is applied to \dots % start of paragraph that follows the enumeration
\end{document}