Introduction

The Central Limit Theorem analyzes the likelihood of anaverage outcome for a simple random sample.

There are certain fields of study where the distribution ofindividual outcomes might be more informative.

Alternatively, analyzing the distribution of themean outcome of agroup of individuals might be better suited for other studies of interest.

Question

I want you to come up with two separate examples which address the suitability of either method of analysis.

1. Present a scenario to be studied, which would lead to a question about individual probability. You can find inspiration from any of the Probability Distributions we have studies thus far.
2. Describe a scenario that can be studied, where theCentral Limit Theoremwould be the distribution of choice. You can find inspiration from the examples presented in the section on Central Limit Theorem.