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  2. Central limit theorem - Wikipedia

    en.wikipedia.org/wiki/Central_limit_theorem

    In probability theory, the central limit theorem (CLT) states that, under appropriate conditions, the distribution of a normalized version of the sample mean converges to a standard normal distribution. This holds even if the original variables themselves are not normally distributed. There are several versions of the CLT, each applying in the ...

  3. 97.5th percentile point - Wikipedia

    en.wikipedia.org/wiki/97.5th_percentile_point

    Because of the central limit theorem, this number is used in the construction of approximate 95% confidence intervals. Its ubiquity is due to the arbitrary but common convention of using confidence intervals with 95% probability in science and frequentist statistics, though other probabilities (90%, 99%, etc.) are sometimes used.

  4. Independent and identically distributed random variables

    en.wikipedia.org/wiki/Independent_and...

    The i.i.d. assumption is also used in the central limit theorem, which states that the probability distribution of the sum (or average) of i.i.d. variables with finite variance approaches a normal distribution. [4] The i.i.d. assumption frequently arises in the context of sequences of random variables. Then, "independent and identically ...

  5. Illustration of the central limit theorem - Wikipedia

    en.wikipedia.org/wiki/Illustration_of_the...

    This section illustrates the central limit theorem via an example for which the computation can be done quickly by hand on paper, unlike the more computing-intensive example of the previous section. Sum of all permutations of length 1 selected from the set of integers 1, 2, 3

  6. Empirical distribution function - Wikipedia

    en.wikipedia.org/wiki/Empirical_distribution...

    The asymptotic distribution can be further characterized in several different ways. First, the central limit theorem states that pointwise, ^ has asymptotically normal distribution with the standard rate of convergence: [2]

  7. Confidence interval - Wikipedia

    en.wikipedia.org/wiki/Confidence_interval

    The central limit theorem is a refinement of ... The Exploratory Software for Confidence Intervals tutorial programs that run under Excel; ... Toggle the table of ...

  8. Galton board - Wikipedia

    en.wikipedia.org/wiki/Galton_board

    Galton box A Galton box demonstrated. The Galton board, also known as the Galton box or quincunx or bean machine (or incorrectly Dalton board), is a device invented by Francis Galton [1] to demonstrate the central limit theorem, in particular that with sufficient sample size the binomial distribution approximates a normal distribution.

  9. Stable distribution - Wikipedia

    en.wikipedia.org/wiki/Stable_distribution

    By the classical central limit theorem the properly normed sum of a set of random variables, each with finite variance, will tend toward a normal distribution as the number of variables increases. Without the finite variance assumption, the limit may be a stable distribution that is not normal.