Comment by mjb
2 years ago
However, in many real systems the aggregate behavior follows the asymptotic trend of the central limit theorem even though the underlying distributions may not fit the strict requirements.
2 years ago
However, in many real systems the aggregate behavior follows the asymptotic trend of the central limit theorem even though the underlying distributions may not fit the strict requirements.
Yes, I always start with the IID, but try watch for evidence that those assumptions need to change.
Too many convenient properties are lost once you lose IID to prematurely drop it.