Central Limit Theorem

Itโ€™s probably (sorry) not an exaggeration (or, at least, not much of one) to say that the central limit theorem is the single most important theorem in probability theory.ย  Itโ€™s so important that it has its own abbreviation: CLT.ย  (Clever, eh?) In a nutshell, the CLT says that if you add up a bunch of […]

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