2.6. Suppose that Y1, c, Yn are i.i.d. random variables with the probability distribution given in Figure

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2.6. Suppose that Y1,

c, Yn are i.i.d. random variables with the probability distribution given in Figure 2.10a. You want to calculate Pr( Y … 0.1).

Would it be reasonable to use the normal approximation if n = 5? What about n = 25 or n = 100? Explain.

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Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

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