Question: What is wrong? Explain what is wrong in each of the following statements.

1. For large \(n\), the distribution of observed values will be approximately Normal.
2. The \(68-95-99.7\) rule says that \(\pi\) should be within \(\mu \pm 2 \sigma\) about \(95 \%\) of the time.
3. The central limit theorem states that for large \(n, \mu\) is approximately Normal.

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