Jim Tree borrowed $1,000 at 10 percent for one year. He paid a $45 processing fee and $100 in interest. Thus, the finance charge
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Answer:
A. No, the student is not right. The central limit theorem says nothing about the histogram of the sample values. It deals only with the distribution of the sample means.
Step-by-step explanation:
No, the student is not right. The central limit theorem says nothing about the histogram of the sample values. It deals only with the distribution of the sample means. The central limit theorem says that if we take a large sample (i.e., a sample of size n > 30) of any distribution with finite mean and standard deviation
, then, the sample average is approximately normally distributed with mean
and variance
.