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Question 1: What is the Central Limit Theorem? Why is it important when running tests on a sample mean? Question 2: What is the Law

Question 1: What is the Central Limit Theorem? Why is it important when running tests on a sample mean?

Question 2: What is the Law of Large Numbers? Why is it important when running tests on a sample mean?

Question 3: What are the properties of a sampling distribution?

Question 4: When analyzing a sample mean, does it matter how the data is distributed?

Question 5: When you're considering the distribution of a sample mean, what happens to the standard error as the sample size increases? Why? Explain in plain English.

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