Population Mean (μ): The population mean is the average value of a characteristic or variable for an entire population. It is denoted by the Greek letter μ.
Standard Deviation (σ): The standard deviation is a measure of the spread or variability of a set of data. It represents the average distance of the data points from the mean.
Central Limit Theorem:The Central Limit Theorem states that the sampling distribution of the sample mean (x̄) will be approximately normal, regardless of the shape of the population distribution, as the sample size increases.