Consider the hypothetical population below, with population values: a. Find the values of the population quantities tx,

Question:

Consider the hypothetical population below, with population values:

a. Find the values of the population quantities tx, ty, Sx, Sy, R, and B.
b. Construct a table like that in Table 4.2, giving the sampling distribution of Nand ofË†tyr , for a sample of size n = 3.
c. Draw a histogram of the sampling distribution of á¹«yr . Compare this histogram to a histogram of the sampling distribution of N.
d. Find the mean and variance of the sampling distribution of á¹«yr . How do these compare to the mean and variance of N? What is the bias ofË†tyr?
e. Use Equation (4.6), together with the population quantities you calculated in (a) to find an approximation to Bias (á¹«yr) = NBias (r ). How close is the approximation to the true bias in (c)?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...