Create an m-file that demonstrates the Law of Large Numbers

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Reference no: EM132360490

Assignment -

MATLAB Applications: Create M-files for following problems:

1. Create an m-file that demonstrates the Law of Large Numbers by taking a uniform random variable from 0 to 10 and show that as the number of samples grows large, the sample average converges to the expected value of the random variable.

2. Using the MATLAB Histogram function, "hist.m", Illustrate the Central Limit Theorem by taking two different random variables and show how when appropriately scaled and summed, they converge to a Normal (Gaussian) distribution.

Reference no: EM132360490

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