"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

September 13, 2015

Central Limit Theorem

Normal Distribution

Standard Normal Distribution - Mean = 0, Variance = 1

Distribution approaches to normal distribution for larger set of variables. 

"As n increases, the distribution of sample mean approaches normal distribution"

Central Limit Theorem - Almost all measurable "random" variables in real world follow some kind of normal distribution.

Good Link

"Sampling distribution of the sampling means approaches a normal distribution as the sample size gets larger"

"Average of your sample means will be the population mean"

Happy Learning!!!

No comments: