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16: According to the theory-based method (i.e., normal approximation by invoking the Central Limit Theorem), what is the mean and standard deviation of the sampling
16: According to the theory-based method (i.e., normal approximation by invoking the Central Limit Theorem), what is the mean and standard deviation of the sampling distribution of sample means? How close are these values to your simulation-based values from Question 11
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Mathematics for Economics and Business
Authors: Ian Jacques
9th edition
129219166X, 9781292191706 , 978-1292191669
