Answer the following like you are talking to another student - do not use complicated phrasing/vocabulary. Answer in complete thoughts and be sure to proof-read before submission.
(1) Explain how the Central Limit Theorem (CLT) is able to breakdown a large amount of data - the population - into something manageable that gives a good prediction of population parameters. Then, (2) give a real-life application of the CLT; that is, how is the CLT used?