Question: Define the central limit theorem provide an example from your field of interest. Define the Law of large number and provide an example from your

  1. Define the central limit theorem provide an example from your field of interest.
  2. Define the Law of large number and provide an example from your field of interest.
  3. Both the central limit theorem and law of large number rely on the sample being sufficiently large. How large should the sample be? Does it have to be infinite, or a finite sample size is enough?

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