Losses have a lognormal distribution withH=6.9078 and o=1.5174. Determine thepercentage increase in the number oflosses that exceed 1,000 if all losses areincreased by 10%.Losses have a lognormal distribution with u = 6.9078 and a = 1.5174.Determine the percentage increase in the number of losses that exceed 1,000 if all losses are increased by 10%.A3.80%B4.20%4.52%D4.78%5.10%

Given that losses follows a lognormal distribution with μ=6.9078 and σ=1.5174.

Answered: Losses have a lognormal distribution…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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