Let X1,…,Xn be i.i.d.\ with mean μ and finite variance σ2>0. Define the sample variance Sn2=n−11∑i=1n(Xi−Xˉn)2 and the studentized statistic
Tn=Snn(Xˉn−μ).
(a) Using the LLN and Slutsky's theorem, show that TndN(0,1).
(b) In a study with n=100 observations, you find Xˉ100=12.5 and S100=3.0. Assuming the true mean is μ0=12, approximate P(Xˉ100>12.5) using Tn.