Central Limit Theorem: a real-life application

<p>The Central Limit Theorem (CLT) is one of the most popular theorems in statistics and it&rsquo;s very useful in real world problems. In this article we&rsquo;ll see why the Central Limit Theorem is so useful and how to apply it.</p> <p>In a lot of situations where you use statistics, the ultimate goal is to identify the characteristics of a&nbsp;<em>population.</em></p> <p>Central Limit Theorem is an approximation you can use when the population you&rsquo;re studying is so big, it would take a long time to gather data about each individual that&rsquo;s part of it.</p> <p><a href="https://towardsdatascience.com/central-limit-theorem-a-real-life-application-f638657686e1"><strong>Visit Now</strong></a></p>