Patron, Hilde; Smith, William J.; Boldt, David - In: Journal for Economic Educators 9 (2009) 1, pp. 1-15
The Central Limit Theorem (CLT) states that regardless of the underlying distribution, the distribution of the sample means approaches normality as the sample size increases. Understanding the CLT is central to other concepts presented in a business statistics class; however, the CLT remains one...