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

What does the Central Limit Theorem state about appropriately scaled averages of independent and identically distributed random variables with finite variance?

(a) The average has infinite variance.

(b) The average converges to a normal distribution.

(d) The expected value of the average equals 7.

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