Questions
ERMCPS5350_005_2025_3 - INTRO TO QUANTITATIVE RISK MANAGEMENT 7. Quiz for Class 7
Single choice
Central Limit Theorem can be formulated in the following way: "Let Sn be the sum of n independent, identically distributed random variables X1, X2, ..., Xn, then, as š ā¶ ā , Sn converges to ________" Fill in the blank:
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Step-by-Step Analysis
The question asks for the limiting distribution of the sum S_n of n independent, identically distributed random variables X1, X2, ..., Xn as n grows without bound.
Under the Central Limit Theorem, when X1, X2, ..., Xn are i.i.d. with finite mean μ and finite finite positive variance Ļ^2, the sum S_n = X1 + X2 + ... + Xn, prope......Login to view full explanationLog in for full answers
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