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1 To see for yourself how the central limit theorem works, let's say we have a normal distribution (with mean =100 and standard devation =
1 To see for yourself how the central limit theorem works, let's say we have a normal distribution (with mean =100 and standard devation = 20). Let's generate some random samples of various sizes from this distribution. We can do this in excel using =norm.inv(rand(),100,20) and it will randomly generate numbers from this distirbution. I generated four samples of size 5, 10, 20 and 30, and got the means of 124 (n=5); 91 (n=10); 105 (n=20); 103 (n=30). If I continue to increase the sample size, my average values should converge to the mean of 100. Question: Pick a distribution and generate some sample sizes
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