1) From successive sums of 12 uniform random variables (i.e., use the BASIC system RND() function) use the Central Limit Theorem and BASIC to generate a long sequence (1000) of Normal random variables with zero mean and unity variance. Calculate the mean and variance for N=10,000 observations.

Question

1) From successive sums of 12 uniform random variables (i.e., use the BASIC system RND() function) use the Central Limit Theorem and BASIC to generate a long sequence (>1000) of Normal random variables with zero mean and unity variance. Calculate the mean and variance for N=10,000 observations.

anonymous · Answer

at a total loss of what to do here. gonna use java to complete this but i'm having trouble understanding how to set up the equations for this

anonymous · Answer

i can figure out the programming if i could just get help on what exactly this is asking

anonymous · Answer

so is it min = 1 max = 1000

anonymous · Answer

then you use the RND function or a random number generator to create 12 numbers ?? lsjd not sure what any of this means

anonymous · Answer

any ideas?