Using the Group 1 alcohol data in Section 8.6.2, compute the MVE estimate of correlation and compare the results to the biweight midcorrelation, the percentage bend correlation using β = .1, .2, .3,...

Using the Group 1 alcohol data in Section 8.6.2, compute the MVE estimate of correlation and compare the results to the biweight midcorrelation, the percentage bend correlation using β = .1, .2, .3, .4, and .5, the Winsorized correlation using γ = .1 and .2, and the skipped correlation

The method of detecting outliers, described in Section 6.4.3, could be modified by replacing the MVE estimator with the Winsorized mean and covariance matrix. Discuss how this would be done and its relative merits.