Asked by

Alexis Renee
on Nov 27, 2024

verifed

Verified

According to the Central Limit Theorem, for large samples the standard error of the sample mean is the population standard deviation divided by the square root of the sample size.

Standard Error

A statistical measure that describes the accuracy with which a sample represents a population, particularly in mean estimation.

Central Limit Theorem

A statistical theory that states that the distribution of sample means approximates a normal distribution as the sample size becomes larger, regardless of the population's distribution.

Sample Mean

The average value obtained from a sample, used as an estimate of the population mean.

  • Capture the essence and significance of the Central Limit Theorem (CLT) within statistical inference, specifically its effect on the configuration of the sampling distribution.
  • Master the idea of standard error and its significance in explaining the variability inherent in sample statistics.
verifed

Verified Answer

CP
Chloe PanickerDec 03, 2024
Final Answer:
Get Full Answer