Economics · Econometrics
The theoretical justification for assuming normality in large samples is provided by the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gauss-Markov theorem
- 2Law of Diminishing Returns
- 3Central Limit Theorem✓
- 4Binomial Theorem
Correct answer
Central Limit Theorem
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