Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...
Using the central limit theorem concerning the distribution of means allows one to justify the assumption of the normal distribution. Analytical people tend not to worry too much about the nature of ...
The central limit theorem (CLT) establishes that (under certain conditions) the properly normalized sum of independent random variables tends toward a normal distribution even if the original ...
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