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Q28Section A (Section A)28 of 60

Variance of the t ratio Xbar over S

Let X1,X2,…,XnX_1,X_2,…,X_n be i.i.d. N(0,1)N(0,1) random variables, where n>3n>3. If Xˉ=1n∑i=1nXiandS2=1n−1∑i=1n(Xi−Xˉ)2,\bar X=\frac1n\sum_{i=1}^n X_i\quad\text{and}\quad S^2=\frac1{n-1}\sum_{i=1}^n(X_i-\bar X)^2, then Var(Xˉ/S)\mathrm{Var}\bigl(\bar X/S\bigr) is equal to

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