Question: 5. What does the Central Limit Theorem state about appropriately scaled averages independent and identically distributed random variables with finite variance? (a) The average has

averages independent and identically distributed random variables with finite variance? (a) The

5. What does the Central Limit Theorem state about appropriately scaled averages independent and identically distributed random variables with finite variance? (a) The average has infinite variance. (b) The average converges to a normal distribution. (c) The distribution of the averages is the same as the distribution of the random variables in it. (d) The expected value of the average equals 7

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