Central Limit Theorem, Confidence Interval, Hypothesis Testing
Read chp. 8, 9, & 10
Write a 300-500 word essay and describe the following terms:
1. Central Limit Theorem and its application.
2. Confidence intervals using sample means and sample proportions.
3. Describe the steps in testing a hypothesis.
4. Define p-value and explain why p-value is needed in testing hypotheses
Lind, D., & Marchal, W. (2015). Statistical techniques in business & economics 16th ed.). McGraw-Hill.