(Y) is a random variable with (mu_{Y}=0, sigma_{Y}=1), skewness (=0), and kurtosis (=100). Sketch a hypothetical probability...

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$Y$ is a random variable with $\mu_{Y}=0, \sigma_{Y}=1$, skewness $=0$, and kurtosis $=100$. Sketch a hypothetical probability distribution of $Y$. Explain why $n$ random variables drawn from this distribution might have some large outliers.

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Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

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Question Posted: Apr 30, 2024 02:00 AM

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(Y) is a random variable with (mu_{Y}=0, sigma_{Y}=1), skewness (=0), and kurtosis (=100). Sketch a hypothetical probability...

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Introduction To Econometrics

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