17. Video: Two Useful Theorems - Central Limit Theorem
Two Useful Theorems - Central Limit Theorem
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The Central Limit Theorem states that with a large enough sample size the sampling distribution of the mean will be normally distributed.
The Central Limit Theorem actually applies for these well known statistics:
- Sample means ()
- Sample proportions ()
- Difference in sample means ()
- Difference in sample proportions ()
And it applies for additional statistics, but it doesn't apply for all statistics! . You will see more on this towards the end of this lesson.