Suppose that X has a lognormal distribution with parameters θ = 5 and ω2 = 9. Determine the following: a. P(X < 13,300) b. Value for x such that P(X ≤ x) = 0.95 c. Mean and variance of X
Suppose that X has a lognormal distribution with parameters θ = 5 and ω2 = 9. Determine the following: a. P(X < 13,300) b. Value for x such that P(X ≤ x) = 0.95 c. Mean and variance of X
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.2: Functions Given By Tables
Problem 2TU: Use the table of values you made in part 4 of the example to find the limiting value of the average...
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Suppose that X has a lognormal distribution with parameters θ = 5 and ω2 = 9. Determine the following:
a. P(X < 13,300)
b. Value for x such that P(X ≤ x) = 0.95
c. Mean and variance of X
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