Besides the Central Limit Theorem, the other cornerstone of asymptotic distribution theory is the
A)normal distribution.
B)OLS estimator.
C)Law of Large Numbers.
D)Slutsky's theorem.

Question

Quizplus · Accepted Answer

The Law of Large Numbers is a fundamental concept in probability and statistics that describes the behavior of the sample mean as the sample size increases. It is a cornerstone of asymptotic distribution theory since it provides the basis for the consistency of estimators and the convergence of distributions. The other choices, such as the normal distribution, OLS estimator, and Slutsky's theorem, are also important concepts in statistics but are not as fundamental to asymptotic distribution theory as the Law of Large Numbers.

Besides the Central Limit Theorem, the Other Cornerstone of Asymptotic