Statistics 101: Sampling Distributions

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Statistics 101: Sampling Distributions.

What happens if we take many samples from an unknown distribution, find the mean of each sample, and then create a histogram based on those sample means? We generate a very important distribution; a sampling distribution. Most of the time we do not know the population parameters (mean, standard deviation, etc.) so we have to estimate them. The sampling distribution helps us do that. Enjoy!

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