Problem 1. Let X1, X2, . .., Xs be a random sample from a distribution with p.d.f.: 2 3 4 P{X = x} .05 10
Problem 1. Let X1, X2, . .., Xs be a random sample from a distribution with p.d.f.: 2 3 4 P{X = x} .05 10 .65 .20 and let u and m be its mean and median, respectively. (a) Find the values of mean / and median m, respectively. (b) Find MSE(m), where m is the sample median. (c) Find and interpret relative risk MSE(m)/MSE(X), where X is the sample mean
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