Can someone please give me a hint as to what I am supposed to be looking for here? I have searched my textbook front to back and the internet and am so confused. Please help! Thanks!
State the main points of the Central Limit Theorem for a mean.
Can someone please give me a hint as to what I am supposed to be looking for here? I have searched my textbook front to back and the internet and am so confused. Please help! Thanks!
State the main points of the Central Limit Theorem for a mean.
One conclusion of the Central Limit Theorem is that if $\displaystyle Y_1$, $\displaystyle Y_2$, ..... $\displaystyle Y_n$ are independent and identically distributed random variables with $\displaystyle E(Y_i) = \mu$ and $\displaystyle Var(Y_i) = \sigma^2$ both finite, then $\displaystyle \bar{Y} = \frac{1}{n} \sum_{i=1}^n Y_i$ is asymptotically normal with mean $\displaystyle \mu$ (and variance $\displaystyle \frac{\sigma^2}{n}$).