Let X1, . . . , Xn be the observed values of a random sample X =

Question:

Let X1, . . . , Xn be the observed values of a random sample X = (X1, . . . , Xn). Let Fn be the sample c.d.f. Let J1, . . . , Jn be a random sample with replacement from the numbers {1, . . . , n}. Define X∗I = xJi for i = 1, . . . , n. Show that X∗ = (X∗1, . . . , X∗n) is an i.i.d. sample from the Fn.
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...