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Suppose that X has a lognormal distribution with parameters 0 = 0 and @² = 4. Determine the following. (a) P(17 < X < 60) = i 0.0483 (Round your answer to 4 decimal places.) (b) The value for x such that P(X < x) = 0.05. X = 0.0055 (Round your answer to 4 decimal places.)

Suppose that X has a lognormal distribution with parameters 0 = 0 and @² = 4. Determine the following. (a) P(17 < X < 60) = i 0.0483 (Round your answer to 4 decimal places.) (b) The value for x such that P(X < x) = 0.05. X = 0.0055 (Round your answer to 4 decimal places.)

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Suppose that X has a lognormal distribution with parameters 0 = 0 and 4. Determine the following. w² = (a) P(17 < X < 60) = 0.0483 (Round your answer to 4 decimal places.) (b) The value for x such that P(X < x) = 0.05. X = i 0.0055 (Round your answer to 4 decimal places.)
Transcribed Image Text:Suppose that X has a lognormal distribution with parameters 0 = 0 and 4. Determine the following. w² = (a) P(17 < X < 60) = 0.0483 (Round your answer to 4 decimal places.) (b) The value for x such that P(X < x) = 0.05. X = i 0.0055 (Round your answer to 4 decimal places.)
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