Question: if we take enough samples from any type of distribution of data, the means of the samples tend to be around one value and the

if we take enough samples from any type of distribution of data, the means of the samples tend to be around one value and the standard deviation of the means gets smaller.

a. Why is this?

b. What assumptions are made to make this happen?

c. What are some real world examples where we are looking for the probability of some value ?

d. Why is this important?

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