Central Limit Theorem: A sampling distribution of the mean is approximately normally distributed if the sample size is sufficiently large. This is true no matter what the population distribution is.

Reviewed by Eric Estevez It's possible to calculate the standard error in MATLAB by running a one-line command. Standard ...

The acceptance sampling plan (ASP) is a statistical tool used in industry for quality control to determine the quality of products by selecting a specified number for testing in order to accept or ...

Here are four programs that demonstrate sampling distributions. For each one, a "population" of 20,000 elements is established. The user selects a sample size and random samples are drawn from the ...