Question: Estimate the 75th quantile, which we know is qnorm (0. 75 ), with the sample quantile: quantile(y, 0.75). Set the seed to 1 and perform

Estimate the 75th quantile, which we know is qnorm (0. 75 ), with the sample quantile: quantile(y, 0.75). Set the seed to 1 and perform a Monte Carlo simulation with 10,000 repetitions, generating the random dataset and estimating the 75th quantile each time. What is the expected value and standard error of the 75th quantile? Expected value unanswered Standard error unanswered
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