Question: Suppose that (Y_{1}, ldots, Y_{n}) are i.i.d. random variables with a (N(1,4)) distribution. Sketch the probability density of (bar{Y}) when (n=2). Repeat this for (n=10)
Suppose that \(Y_{1}, \ldots, Y_{n}\) are i.i.d. random variables with a \(N(1,4)\) distribution. Sketch the probability density of \(\bar{Y}\) when \(n=2\). Repeat this for \(n=10\) and \(n=100\). In words, describe how the densities differ. What is the relationship between your answer and the law of large numbers?
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