Situation 9. Suppose that X has a lognormal distribution with parameters 8 = -2 and 0²=9. Determine the following: 18. P(500x) = 0.1 20. The variance of X.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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Situation 9. Suppose that X has a lognormal distribution with parameters 0 = -2 and
² = 9. Determine the following:
18. P(500 < X < 1000)
19. The value of x such that P(X>x) = 0.1
20. The variance of X.
Transcribed Image Text:Situation 9. Suppose that X has a lognormal distribution with parameters 0 = -2 and ² = 9. Determine the following: 18. P(500 < X < 1000) 19. The value of x such that P(X>x) = 0.1 20. The variance of X.
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