According to the ___________, the sum of independent random variables can be approximated by a normal probability distribution.
A)what-if analysis
B)central limit theorem
C)simulation optimization approach
D)discrete-event simulation method

Question

Quizplus · Accepted Answer

The central limit theorem states that the sum of independent random variables tends to follow a normal distribution, regardless of the distribution of the original variables. Therefore, using the normal probability distribution as an approximation for their sum is a common method in statistics and probability theory. The other options may be useful for modeling and optimization, but they are not directly related to the approximation of independent random variables.

According to the ___________, the Sum of Independent Random Variables