Sampling Distribution Simulation
Important Questions to consider
- How does the sample size, N, effect the rate at which the
sampling distribution(param=sample mean) approaches Normal distribution?
- How does the number of samples taken effect the speed of convergence
of the sampling distribution(param=the sample mean) to Normal distribution?
- Are there Central Limit Theorem (CLT) effects generally present
for other parameter estimates (e.g., median, SD, range, etc.)? Why?
- Does the shape of the original distribution effect the speed of convergence
of the sampling distribution(param=the sample mean) to Normal distribution?