Question: Use the data on fish prices in Table 11.6 on page 707. Suppose that we assume only that the distribution of fish prices in 1970

Use the data on fish prices in Table 11.6 on page 707. Suppose that we assume only that the of fish prices in 1970 and 1980 is a continuous joint with finite variances. We are interested in the properties of the sample correlation coefficient. Construct 1000 nonparametric bootstrap samples for solving this exercise.
a. Approximate the bootstrap estimate of the variance of the sample correlation.
b. Approximate the bootstrap estimate of the bias of the sample correlation.
c. Compute simulation standard errors of each of the above bootstrap estimates.

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