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Unformatted text preview: (True or False) & is a random variable. Explain (12 sentences.) False, because & is a nonrandom constant. 4. The Central Limit Theorem (CLT): 1 p n n P i =1 ( X i & & ) ! d N & ; 2 , as n ! 1 (True or False) 1 p n n P i =1 ( X i & & ) follows a normal distribution. Explain (12 sentences.) False, because distribution of X i is unknown. (True or False) N & ; 2 follows a normal distribution. Explain (12 sentences.) True, by denition. 1...
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This note was uploaded on 06/05/2008 for the course ECON 483 taught by Professor Seikkim during the Spring '08 term at University of Washington.
 Spring '08
 SeikKim
 Econometrics

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