INTRO TO STATISTICS Lecture Notes - Lecture 8: Central Limit Theorem, Birdwatching, Sampling Distribution
13 Jun 2021
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Document Summary
Imagine that you had to explain the law of large numbers and the central limit theorem to a person who has never heard of these things. Write an explanation to help this person understand these concepts. If you use a technical term, be sure to explain it. To understand these concepts, i will provide the following example. A third bird watcher visited the park on all four days the other two visited. The first person can erroneously infer that eagles fly every day over the park, and the second person can erroneously infer that eagles never fly over the park. The third person with four observations would infer that eagles fly half of the time over the park. This example is to give you an idea that the more observations you make, the closer to the probability of an event occurring you can get.
