Suppose that X has a lognormal distribution with parameters 0 = 2 and o = 9. Determine the following. (a) Round the answer to 3 decimal places. P(X < 500) = i (b) The conditional probability X < 1500 given that X > 1000. Round the answer to 2 decimal places. i

Suppose that X has a lognormal distribution with parameters 0 = 2 and o = 9. Determine the following. (a) Round the answer to 3 decimal places. P(X < 500) = i (b) The conditional probability X < 1500 given that X > 1000. Round the answer to 2 decimal places. i

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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Question

Suppose that X has a lognormal distribution with parameters 0 = 2 and w?
= 9. Determine the following.
(a) Round the answer to 3 decimal places.
P(X < 500) =
i
(b) The conditional probability X < 1500 given that X > 1000. Round the answer to 2 decimal places.
i

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