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Central Limit Theorem
The Central Limit Theorem is an integrated theory in statistics principally charting the behaviour of the sum (average) of a large collection of independent identically distributed random variables. It is asserted that irrespective of the parent probability distribution of these variables, the parent probability distribution of their sum will tend towards normality with an increase in sample size. This rule, of convergence to normality, would even apply acceptable given that the characteristics ...
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The Central Limit Theorem is an integrated theory in statistics principally charting the behaviour of the sum (average) of a large collection of independent identically distributed random variables. It is asserted that irrespective of the parent probability distribution of these variables, the parent probability distribution of their sum will tend towards normality with an increase in sample size. This rule, of convergence to normality, would even apply acceptable given that the characteristics ...