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Number of Sample Means Included 1
Number of Sample Means Included 1
Number of Sample Means Included 1
The Central Limit Theorem (CLT) predicts: first, the mean of sample means will approa
second, the standard deviation of sample means will approach the standard deviation
Note: to generate a draw from uniform [a,b,) use "= ((b-a)*Rand()) + a"
1 -0.99425282
2 0.6885955452
3 -0.142014855
4 -0.027301882
5 0.4698160084
6 0.4413071013
7 -0.035188466
8 -0.892257008
9 -0.451541623
10 -0.968456548
11 -0.43037806
12 -0.873932478
13 0.2877851046
14 0.7119828206
15 -0.023224253
16 -0.455423978
17 -0.427808894
18 0.9419349694
19 -0.535527508
20 -0.708780293
21 -0.227692638
22 0.7398163596
23 -0.37448612
24 0.6648103082
25 0.939217435
26 0.53610031
27 0.8345549632
28 -0.530250055
29 -0.882866277
30 0.344452383
31 0.5687477579
32 -0.554076306
33 -0.190674694
34 -0.533642969
35 0.8363465608
36 0.9882813772
37 0.6726209644
38 -0.823691592
39 0.1194568606
40 0.4010754167
41 0.9442873272
42 -0.372930053
43 0.6908396185
44 -0.4265659
45 -0.036493369
46 -0.899104617
47 0.6010037407
48 0.9186277377
49 -0.894448514
50 0.8144757931
51 0.5090111085
52 0.7582588047
53 -0.18370924
54 0.4530464008
55 0.4887332025
56 0.9119534685
57 0.317351868
58 0.5734322272
59 0.7168590241
60 -0.726423365
61 0.1911339131
62 0.1008567399
63 0.8946597516
64 0.3441618331
65 -0.726654109
66 -0.956093704
67 0.8907304903
68 -0.247146291
69 -0.091477434
70 -0.812452213
71 0.0148208271
72 -0.717026852
73 0.9625734123
74 0.3432162122
75 0.1989281524
76 -0.32595713
77 0.3505368243
78 -0.158754739
79 0.7149527735
80 0.8512356404
81 -0.067988491
82 0.8535237023
83 -0.94321687
84 0.3916420519
85 0.3650154029
86 -0.418740059
87 0.6843340676
88 0.4603588221
89 0.5535407479
90 -0.795396211
91 0.2071299875
92 -0.607644668
93 0.0080303692
94 0.9153565161
95 0.0305109113
96 0.7432161197
97 0.2084211662
98 -0.225934974
99 -0.090906425
100 -0.431247984
-1 and b = 1
100
-3.3%
Excel/Preferences/Calculation and change "Automatically" to "Manually"
-0.003
5
0.030
0.030
0.059
0.001
-0.745971765874539
0.036493788758801
-0.251174608736354
-0.473511924304504
-0.13395432614881
-0.684458683425443
-0.099605241576793
-0.092016433378654
0.80639117716393
0.77107261607152
0.604079397806768
-0.233052164142173
0.76839031552639
-0.710420053415471
0.254700387188461
0.238367583039005
0.103394561558362
-0.243605998284067
-0.401237867300989
0.569222715162215
-0.426522529892448
0.018902487675299
0.479506613833912
0.8196315292408
0.484788076332855
0.809239751250025
0.991747902081195
-0.51466029724332
-0.535215536906745
0.909153274292863
0.628586932729911
-0.548173164137449
-0.526050838432373
-0.033121638049628
0.326739204172641
-0.591323960917394
0.262098576283862
-0.758331236460267
0.227464093040613
-0.127424195489549
0.552766349482719
-0.988278656553792
0.523656430043822
0.641141208428524
-0.651975996476508
0.126217361325361
-0.220986121804888
0.464144007238599
0.931420096425914
0.842370297414251
-0.723266539083068
0.57212757811984
0.539732209199997
0.938976994759953
-0.857230981846003
-0.69895180951833
-0.615978896292128
0.483066574455465
-0.190008518357746
-0.028137066518641
-0.826539150899866
0.075885256651287
0.948164512802944
0.735453662591203
-0.517698216485133
0.83231627437317
-0.025464711817549
-0.069216368743857
0.859925711945636
-0.156646947676575
-0.999748147895033
-0.160410638336315
-0.230713367519136
-0.832682032753191
0.528067208213739
0.222731020572127
0.144873642868267
0.343339561820032
0.014288204019663
-0.788312302621293
-0.331812479191311
0.581158493731682
-0.526385455980905
-0.867398309509808
-0.403199097318614
0.335496037472913
0.205093670312494
-0.939979327873575
-0.891378072090851
-0.677926602868969
0.19141128370911
-0.306834446552329
-0.82317723510812
0.274882891931133
0.695124307316032
-0.726004259869147
-0.755684151907547
0.648579954419834
0.616987982281383
-0.326399941480461
Formula - Uniform distribution has mean = (a+b)/2 = 0
0.0577
-0.045 0.055
6 7
0.018 0.023
0.018 0.023
0.060 0.057
0.003 0.000
0.304158825424489 0.767391461757
-0.056172744392912 0.33327334477
0.413272128764101 0.805288291457
-0.373602668018952 0.248025327865
0.225808937060626 0.361189420619
-0.38517860080908 -0.309869342676
-0.931457537612255 -0.086250607257
0.283467703412561 0.484884953653
0.388529409456277 0.568982376417
-0.667986330009165 -0.768072566333
0.975158147971608 -0.773319747901
-0.75538967723157 -0.62167219226
0.003764109585059 -0.722626140793
-0.401095010232908 -0.47970554315
0.975446528983271 0.909994697764
0.768711615413341 0.118402973595
-0.809899837416659 -0.763455381718
0.045961435579965 -0.302913692859
-0.075121046466727 0.929045868549
0.487479687066448 0.734647916819
-0.089368179954574 -0.422695455146
-0.141630321137048 0.720704337083
0.493453978648238 -0.203044377154
-0.34609120594414 0.807447142872
0.709893887970677 -0.341490424172
-0.146659195078113 -0.787145982628
0.992906106752651 0.804424639875
-0.046273604620897 -0.271369006053
-0.539126232200186 0.333827031834
-0.465520080801954 0.465376567899
0.669817106325621 0.540117760801
0.492271640501104 0.726269777491
0.562128387376157 0.948752903038
-0.524860482291917 0.421163756591
-0.557553854756029 0.136597805496
0.795217681060591 -0.165037244138
-0.360635578655441 0.290434577109
-0.91182178090487 -0.003148012108
-0.259452923979166 -0.326389792609
-0.835738707273146 0.110473387379
-0.783244085692331 0.353878637014
0.64253555521004 0.027534233354
-0.260881289741473 0.630619091157
0.786769790529224 0.955438519441
-0.652516042714663 0.970388581923
0.862183655022575 -0.203411924394
0.88568903275654 0.259845944615
0.41159098994357 0.072280093753
0.510697856876647 0.779465382777
-0.26616631672655 -0.547934337484
0.193753379535052 -0.015681313625
0.610838042541651 -0.337460394911
-0.524860482291917 0.126669156545
-0.98752999505283 0.141050067456
-0.000873331683634 0.704267433742
-0.035985981719446 -0.677652660151
-0.985424262105265 0.121936885118
-0.609718838484752 -0.289650882187
0.614740383529951 -0.034246705734
-0.692589541262437 0.344611540269
0.677672996325915 -0.857277182549
-0.314945762059917 0.982111537922
-0.532887635828323 -0.389716685744
-0.572851382676841 0.513831435963
-0.666285353872698 0.261248252484
-0.603008660659362 -0.938859411143
0.914121278969317 -0.444957381545
0.952364701953613 0.823103146664
0.523151558655082 0.501149376246
0.668169803057696 -0.661485342762
0.421296248031334 -0.137637718366
0.735608557951403 0.780151698377
0.25493235658587 -0.328423243711
-0.253665449882649 0.956679565873
-0.937084767935984 -0.082897748062
-0.899050751609948 -0.133604675454
0.607377919656448 -0.467542860499
0.304001022374227 -0.960580232012
-0.860082112755751 0.459126001955
-0.295451849226307 0.133943395956
0.100905423276159 -0.189106645824
-0.909773682863562 0.212757587444
-0.736176876763048 -0.674059057163
-0.528190385951954 -0.193271796254
0.088082101611809 -0.952322507969
-0.990983638264419 0.805266510008
0.040450563037686 -0.940932891588
0.401401459939066 -0.179834005052
-0.319143122948841 0.425087913037
-0.315430984004227 0.540605575561
0.427390228262342 -0.945300933507
0.112740287384251 0.478384376332
-0.691252393591922 -0.828695412159
-0.47213432820662 0.842685483179
-0.082040418653445 0.34873367508
0.258162486327811 0.673516901794
0.360431573311464 -0.605560981309
-0.098254408796177 -0.038152953922
-0.405949784105663 -0.980615255645
-0.501510939147625 -0.90108303938
Formula - Variance of a continuous uniform distribution = (b-a)^2 / 12 =
Standard deviation of a uniform distribution = sqrt((b-a)^2)/12) =