Let’s consider the classic sample median. If a sample is sorted and the number of sample elements is odd, the median is the middle element. In the case of an even number of sample elements, the median is an arithmetic average of the two middle elements. Now let’s say we randomly take many samples from the same distribution and calculate the median for each of them. Next, we build a sampling distribution based on these median values. There is a well-known fact that this distribution is asymptotic...