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Which of the following theorem states that the distribution of averages of iid variables, properly normalized, becomes that of a standard normal as the sample size increases?(a) Central Limit Theorem(b) Central Mean Theorem(c) Centroid Limit Theorem(d) All of the mentionedThis question was addressed to me in a national level competition.Origin of the question is Common Distributions in chapter Statistical Inference and Regression Models of Data Science

Answer» RIGHT choice is (a) Central LIMIT Theorem

Easy explanation - The Central Limit Theorem (CLT) is one of the most IMPORTANT theorems in statistics.


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