Education, Science, Technology, Innovation and Life
Open Access

### On the Application of Central Limit Theorem in Practical Problems

Yong He 1

#### Affiliation(s)

1 Foundational Course Department, Wuhan Donghu University, Wuhan 430212, Hubei, Peoples R China

Yong He

#### ABSTRACT

The central limit theorem is the bridge between probability theory and mathematical statistics, and also the bridge between statistical methods and practical problems. It provides a theoretical basis for us to solve practical problems. This paper discusses the application of the central limit theorem in real life from two aspects: profit and loss of term life insurance in economics, determining production task according to demand and statistical inference in statistics. These cases and methods can not only be used as a supplement to the course teaching, but also can be used as a discussion of course ideology and politics.

#### KEYWORDS

Central limit theorem, Term life insurance profit and loss, Statistical inference

#### CITE THIS PAPER

Yong He. On the Application of Central Limit Theorem in Practical Problems. Journal of Sociology and Ethnology (2021) 3: 84-90. DOI: http://dx.doi.org/10.23977/jsoce.2021.030211.

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