Central Limit Theorem


 

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Central Limit Theorem

The Law of Large Numbers states that as a sample of independent, identically distributed random numbers approaches infinity, its probability density function approaches the normal distribution. See: Normal Distribution.



Central Limit Theorem

Similar Matches

Central bank

Central bank

The major regulatory bank in a country, usually government controlled.The UK central bank is the Bank of England; Germany's is the Bundesbank; in the US it is the Federal Reserve System.


Central American Common Market

Central American Common Market

A group of Central American countries -- El Salvador, Guatemala, Honduras, and Nicaragua -- that formed a common market in 1960, with Costa Rica added in 1962. It largely disintegrated in the 1970s and 80s due to military conflicts, but reformed as the Central American Free Trade Zone (but without Costa Rica) starting in 1993.


Central bank intervention

Central bank intervention

See exchange market intervention.


Central bank intervention

Central bank intervention

The buying or selling of currency, foreign or domestic, by central banks in order to influence market conditions or exchange rate movements.


Central bank

Central bank

The institution in a country (or a currency area) that is normally (but see currency board) responsible for managing to supply of the country's money and the value of its currency on the foreign exchange market.


Further Suggestions

European Central Bank (ECB)
Central Warrants Trading Service
central register
Central planning
Central parity
Central Intelligence Agency
Central and Eastern European countries


 
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