The variability believed to be in the population,the acceptable margin of sample error,and the level of confidence required in your estimates of the population values describe the basic elements of the central limit theorem.

Question

Quizplus · Accepted Answer

The central limit theorem states that the sampling distribution of the sample mean will approach a normal distribution as the sample size increases, regardless of the shape of the population distribution. It does not directly involve variability in the population, margin of error, or confidence levels, which are more related to statistical inference and hypothesis testing concepts.

The Variability Believed to Be in the Population,the Acceptable Margin