A random sample of size n =5 is taken from a lognormal distribution with parameters u = 0.7 and o 1.09. Find the variance of the sample mean, X. (Answer as a decimal.number, and round to 3 decimal places).

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A: Let  A=210-3-70-24 and B=4-2011-2005-3-10 The order of a matrix is number of rows× number of…

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A: Solving the problem by finding the value of x.

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A: Explanation and solution is given below....

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