Management Notes

Reference Notes for Management

Central Limit Theorem – Meaning and Importance | Business Statistics

Central Limit Theorem

Central Limit Theorem | Meaning and Importance | Business Statistics | Management Notes Central Limit Theorem The central limit theorem states that the distribution of sample means approximates a normal distribution as the sample size gets larger (assuming that all samples are identical in size), regardless of population distribution shape (Ganti, 2019). The Theorem is … Read more