Convergence, Probability, Cumulative Distribution, Statistics, Editors Pick.
As before, we’ll designate the mean by X_bar_5. Here again for our recollection is a scatter plot of X_bar_5: A scatter plot of 100 sample means from samples of size 5 (Image by Author) Which takes us back to the question: How accurate is X_bar_5 as an estimate of the population mean μ? By itself,