Question: For the values 2, 3, 5, 6, 8, 12, 14, 18, 19, 22, 201, why would you suspect that the McKeanSchrader estimate of the standard
For the values 2, 3, 5, 6, 8, 12, 14, 18, 19, 22, 201, why would you suspect that the McKean–Schrader estimate of the standard error of the median will be smaller than the standard error of the mean? (Hint: Consider features of data that can have a large impact on s, the sample standard deviation, and recall that the standard error of the mean is s/
√n. )Verify that this speculation is correct.
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