What Are the Two Assumptions and Three Conditions of the Central

question 13

Essay

What are the two assumptions and three conditions of the Central Limit Theorem? Explain each of them.

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Definitions:

Sales Promotion

A marketing strategy that involves short-term incentives to encourage the purchase or sale of a product or service.

Rebates

Refunds offered to consumers as an incentive to purchase a product or service.

Marketers

Marketers are professionals or organizations responsible for promoting, selling, and distributing products or services, often focusing on understanding consumer needs and creating strategies to meet those needs effectively.

Sales Promotion

A marketing strategy employing short-term incentives to encourage the purchase or sale of a product or service.