Inferential statistics.

The central limit theorem is a key concept in inferential statistics. Access the Rice Virtual Lab in Statistics from the Topic Materials to observe the central limit theorem in action with different population distributions. Complete the “Sampling Distribution” simulation by clicking the “Begin” button. Refer to Chapter 5 “Worked Example 5.2” in the textbook when completing the simulation. Describe your observations and the results of increasing the individual sample size. Discuss the rationale behind the theorem, how the standard error is related to the theorem, and what the standard error indicates about sampling error.