Can I please get some assistance answering this question?

2. (25 pts) Consider the statistical model of exercise 1. Investigate empirically the properties of Ti. and - TL T1= 7'2: ?=1(X3+1) n 2 i=1 Xi assuming that 7' = 2. In particular, estimate the bias, the expectation, the standard error, and the mean squared error for both estimators. Based on these results, discuss which estimator may be preferred and why. Use R. to perform the simulations, and include the code used and any plot that you create