Let X1, X2, . . . be a sequence of i.i.d. random variables having the normal distribution

Question:

Let X1, X2, . . . be a sequence of i.i.d. random variables having the normal with mean μ and variance σ2. Let n = 1/n be the sample mean of the first n random variables in the sequence. Show that Pr(|n − μ| ≤ c) converges to 1 as n→∞. Write the probability in terms of the standard normal c.d.f. Φ and use what you know about this c.d.f. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...