Describe the abstract idea of a sampling distribution and how it reflects the sample to sample variability of a sample statistic or point estimate. Identify the ...

Central Limit Theorem: A sampling distribution of the mean is approximately normally distributed if the sample size is sufficiently large. This is true no matter what the population distribution is.

Flickr via Google Images Standard deviation is a concept that's thrown around frequently in finance. So what is it? When working with a quantitative data set, one of the first things we want to know ...