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!!!