A Gentle Introduction to the Central Limit Theorem (CLT)

This unit is a formal introduction to statistical inference where you will see building blocks from the previous units come together in commonly used statistical inference methods just as confidence, intervals and hypothesis tests. In this until will also introduce the central limit theorem which provides the basis for these methods. Let's start with an example for a survey conducted by the Pew Research Center. The study is titled Young, Underemployed, and Optimistic, Coming of Age, Slowly, in a Tough Economy. Young adults hit hard by the recession. A plurality of the public. 41% believes young adults rather than middle aged or older adults are having the toughest time in today's economy. Tough economic times, altering young adults daily lives and long term plans. While, negative trends in the labor market have been felt most acutely by the youngest workers. Many adults in their late 20s and early 30s have also felt the impact of the weak economy. Among all 18 to 34 year olds, fully half, 49%, say they have taken a job they didn't want just to pay the bills with 24% saying they have taken an unpaid job to gain work experience ....

[pandukushulu]

Wat an explanation.. I am from india...First time i understood wat is central limit theorem after watching so many videos Thanks for that