Explain what is wrong in each of the following statements. (a) For large sample size n, the
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Question:
Explain what is wrong in each of the following statements.
(a) For large sample size n, the distribution of observed values will be approximately Normal.
(b) The 68-95-99.7 rule says that ¯x should be within µ ± 2σ about 95% of the time.
(c) The central limit theorem states that for large n, µ is approximately Normal.
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Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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