Question: Y is a random variable with y = 0, y = 1, skewness = 0, and kurtosis = 100. Sketch a hypothetical probability distribution of
Y is a random variable with y = 0, y = 1, skewness = 0, and kurtosis = 100. Sketch a hypothetical probability distribution of Y. Explain why n ran- dom variables drawn from this distribution might have some large outliers.
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