I have a question in my assignmet which I don't know where to start and how it works so i was hoping some of you might have ideas or know how to attack this question: A random variable, W, has mean 16, variance 4 and ‘standardised’ skewness = 0.5. Using varying numbers of terms from a Taylor series approximation, calculate three different approximations for E (W1/3). Also approximate Var (W1/3) using a Taylor series approximation.
