QNT 351 Week 4 Statistical Techniques in Business and Economics, Ch. 8: Sampling Methods and the Central Limit Theorem

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QNT 351 Week 4 Statistical Techniques in Business and Economics, Ch. 8: Sampling Methods and the Central Limit Theorem
QNT 351 Week 4 Statistical Techniques in Business and Economics, Ch. 8: Sampling Methods and the Central Limit Theorem
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QNT 351 Week 4 Statistical Techniques in Business and Economics, Ch. 8: Sampling Methods and the Central Limit Theorem

Read pages 258-271 in Ch. 8 of Statistical Techniques in Business and Economics. 

Consider the following as you read:

  • See how normal distributions in Week 2 compare with sampling distributions this week. Also, note how central limit theorem is central to the normality requirement needed to run the inferential statistics techniques (confidence intervals and hypothesis testing).