Problem
• Explain the concept of the sampling distribution and its connection with the sampled with the sampled population( ie, the population where the sampling process takes place)
• Explain the subject, content, and importance of the Central Limit Theorem (CLM), aka, what subject CLM covers, what CLM is about, and why CLM is important.)
Note: All answers should be clear and explained in less than 3 mins. However, need based on the book McGraw Hill: Business statistics and analysis in particle.