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central limit theorem

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
central limit theorem
n
(Mathematics & Measurements / Statistics) Statistics the fundamental result that the sum (or mean) of independent identically distributed random variables with finite variance approaches a normally distributed random variable as their number increases, whence in particular if enough samples are repeatedly drawn from any population, the sum of the sample values can be thought of, approximately, as an outcome from a normally distributed random variable


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We provide guidance related to Mean, Bar, Pie, Histogram, Median, Variance, Standard Deviation, Mean Deviation, Descriptive Statistics, Probability, Discrete and Continuous Probability, Binomial Distribution, Poisson distribution, Geometric Distribution, Confidence Intervals, Hypothesis Testing and Central Limit Theorem.
In particular, students should be comfortable with the concepts of normal, Poisson, and gamma distributions, and the Central Limit Theorem.
 
 
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