We want to find at least approximately the probability p tha

We want to find (at least approximately) the probability, p, that the average of 150 random points independently drawn from the interval (0,1) is within 0.02 of the midpoint of the interval. Give a Central Limit Theorem estimate for the probability P...(define any variables)?

Solution

P = [ 1 - 0 ] / 0.02

P = 50 / 150

P = 0.3333