Which of the following statements is true about the central limit theorem? A. It states conditions under which a variable involving the sum of Y1, .. , Yn over i.i.d. variables becomes the standard normal distribution B. It states conditions under which a variable involving the sum of Y1, ..., Yn over i.i.d. variables becomes the Student t distribution C. It only holds in the presence of the law of large numbers. D. It assumes that the sample mean Y is a consistent estimator of the population mean µy

Which of the following statements is true about the central limit theorem? A. It states conditions under which a variable involving the sum of Y1, .. , Yn over i.i.d. variables becomes the standard normal distribution B. It states conditions under which a variable involving the sum of Y1, ..., Yn over i.i.d. variables becomes the Student t distribution C. It only holds in the presence of the law of large numbers. D. It assumes that the sample mean Y is a consistent estimator of the population mean µy

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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