Hi, I have a question about standard errors in the context of this problem. Any help would be greatly appreciated:
Suppose X is a discrete random variable with
P(X=0) = 2y/3
P(X=1) = y/3
P(X=2) = 2(1-y)/3
P(X=3) = (1-y)/3
Where 0<=y<=1. The following 10 independent observations were...