Generate a sample of n = 400 observations from the t3 distribution, compute an estimate of the tail parameter β using XXXXXXXXXX), and test for infinite mean and variance at α = .05. Generate a sample...

Generate a sample of n = 400 observations from the t3 distribution, compute an estimate of the tail parameter β using (12.5.2), and test for infinite mean and variance at α = .05.

Generate a sample of n = 400 observations from the logistic distribution, compute an estimate of the tail parameter β using (12.5.2), and test for infinite mean and variance at α = .05.