Identical distributions required in Central Limit Theorem
Explain identical distributions required or not in the central limit theorem.
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Though, you can get around three restrictions to some extent and even get the Central Limit Theorem, or something very much like it. For example, you don’t need to have completely identical distributions. So long as none of the random variables has too much more influence on the average than the others then it even works. You are still allowed to have some weak dependence among the variables.
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In integrated world financial market, a financial crisis in a country can be quickly transmitted to other countries, causing global crisis. What sort of measures would you suggest to stop the recurrence of Asia-type crisis? Discover Q & A Leading Solution Library Avail More Than 1434423 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1941475 Asked 3,689 Active Tutors 1434423 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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