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Central Limit Theorum

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What roles does Central Limit Theorum play in evaluations of the confidence level or hypothesis testing?

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This solution examines what roles the Central Limit Theorum plays in evaluations of the confidence level or hypothesis testing.

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1. What roles does Central Limit Theorum play in evaluations of the confidence level or hypothesis testing?

The Central Limit Theorem is indeed a very important and useful concept in statistics and plays a role in evaluations of the confidence level or hypothesis testing. For both, and in statistics generally, there are essentially three things we want to learn about any distribution: 1) The location of its center; 2) its width, 3) and how it is distributed. The Central Limit Theorem helps us approximate all ...

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