2 Recall Central Limit Theorem Clt Xi Standard Deviation Large N W Many Rules Thumb Large Q37147655

2. Recall the Central Limit Theorem (CLT) If {Xi, and standard deviation ơ, then, for large n. W There are many rules of thu

2. Recall the Central Limit Theorem (CLT) If {Xi, and standard deviation ơ, then, for large n. W There are many “rules of thumb” for how large the sample size, n, must be to obtain a “reasonable” approximation. We explore this issue with some computational examples. (a) Consider the case for which n , xa) is a random sample of n independent observations of a random variable with mean μ (xo ) is

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