When the population distribution is normal, the population mean equals the population median. How good is the

Question:

When the population is normal, the population mean equals the population median. How good is the sample median as a point estimate of this common value? For a random sample, the estimated standard error of the sample median equals 1.25(s/√n). If the population is normal, explain why the sample mean tends to be a better estimate than the sample median.
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...