Refer to Table 5 on page 288. (a) Calculate the sample median for each sample. (b) Construct

Question:

Refer to Table 5 on page 288.
(a) Calculate the sample median for each sample.
(b) Construct a frequency table and make a histogram.
(c) Compare the histogram for the median with that given in Figure 3 for the sample mean. Does your comparison suggest that the sampling of the mean or median has the smaller variance? 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...