The Central Limit Theorem says that X is approximately normal if the sample size is large. More
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The Central Limit Theorem says that X is approximately normal if the sample size is large. More specifically, the theorem states that the standardized X̅ has a limiting standard normal distribution. That is, the rv (X̅ – μ) / (σ / √n) has a distribution approaching the standard normal. Can you reconcile this with the Law of Large Numbers?
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Related Book For
Modern Mathematical Statistics With Applications
ISBN: 9783030551551
3rd Edition
Authors: Jay L. Devore, Kenneth N. Berk, Matthew A. Carlton
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