5.1/5.2 - central limit theorem

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Last updated 7:33 PM on 9/12/23
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5 Terms

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What is the central limit theorem
the mean of a large random sample taken from any random variable is always approximately normally distributed
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when is this not an approximation
when the distribution was already normal
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the population size is inversely proportionate to the ________
variance
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why does the accuracy of this approximation increase with the sample size
the outliers become less prevalent as there’s more that are as they should be