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Consider an arbitrary* pdf f(x) from which we make n independent draws. Evaluate the following statement as True, False, or Uncertain - and briefly justify
Consider an arbitrary* pdf f(x) from which we make n independent draws.
Evaluate the following statement as True, False, or Uncertain - and briefly justify your answer: The Central Limit Theorem states that the average value of that sample (of n draws) is always close to the true mean of the distribution.
Hints: Always? And, is this a restatement of the CLT? Or is it an implication.
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