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Suppose that Y....Y, are i.l.d. random variables with the probability distribution given in the figure below. Probability StaStandardized value of sample average n = 25 Suppose further that you want to calculate Pr (Y30.1) Would it be reasonable to u

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Answer #1

The answer is No. Option B is correct.

This is because we have sample size which is less than 30. Therefore, according to Central Limit Theorem as sample size increases i.e. sample size is larger than 30, then first two moment around the mean of that distribution that is mean and variance will tend to normal distribution.

In this case we have n less than 30 i.e. 25 t distribution will be used in such case

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