Compute the mean and the variance of a lognormal variable Y = eX where X is normally
Question:
a. μ = 3, σ2 = 2
b. μ = 5, σ2 = 2
c. μ = 5, σ2 = 3
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
a Y exp 23 2 2 5460 2 r exp 2 1 exp ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
Question Posted:
Students also viewed these Statistics questions
-
A binomial random variable B with p = 0.7 and n = 2. Compute the mean and the variance from the probability distribution and make sure that your answers match the formulas in Equations 7.4.2 and...
-
A binomial random variable B with p = 0.4 and n = 2. Compute the mean and the variance from the probability distribution and make sure that your answers match the formulas in Equations 7.4.2 and...
-
A binomial random variable B with p = 0.7 and n = 3. Compute the mean and the variance from the probability distribution and make sure that your answers match the formulas in Equations 7.4.2 and...
-
Blocks A and B shown in the figure are free and all surfaces are non-friction. Find the velocity of the blocks at t = 3 s, since the tensile force shown in the graphic is applied to the block A...
-
In April, F. W. Lang Company purchased an ice cream freezer and refrigeration compressor unit from Fleet for $2,160. Although the parties agreed to a written installment contract providing for an...
-
A study analyzed the behavior of the stock prices of firms that had lost antitrust cases. Included in the diagram are all firms that lost the initial court decision, even if the decision was later...
-
1 Describe the role of the finance function in management
-
Saylor Co. sold $3,000,000, 8%, 10-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on January 1. The company uses straight-line amortization on bond premiums and...
-
Pension data for Barry Financial Services Inc. include the following: Required: 1. Determine pension expense for 2021. 2. Prepare the journal entries to record (a) pension expense, (b) gains and...
-
It is January 1, 2005. Director of Special Projects Rakesh Parameshwar has a planned $20.5 million project, which will require the following expected cash flows between 2005 and 2009: Date Cash...
-
An estimated 1.8 million students take on student loans to pay ever-rising tuition and room and board (The New York Times, April 17, 2009). It is also known that the average cumulative debt of recent...
-
Let Y = eX, where X is normally distributed. Compute the mean and the variance of X given the following information. a. Y = 14, 2Y = 22 b. Y = 20, 2Y =22 c. Y = 20, 2Y =120
-
Solve for the indicated variable. Write a reason for each step. drt; solve for t
-
Q Proprietorinc (the lessee) enters into a 10 year lease of a property with an option to extend the contract for 5 years. Lease payments are $50,000 per year, payable at the beginning of each year....
-
1.Think about your investment Possibility for 3 years holding period in real investment environment? A.What could be your investment objectives? B. What amount of fund you could invest for three...
-
3- The student council normally sells 1500 school T-shirts for $12 each. This year they plan to decrease the price of the T-shirts. Based on student feedback, they know that for every $0.50 decrease...
-
2. The notation {f(x): x S} means "the set of all values that can be produced by substituting an element x of set S into f(x)." For example, the set of all odd integers can be expressed as {2k+1kZ}....
-
Implementation guidance for IFRS 2 indicates that it "accompanies, but is not part of, IFRS 2." In other words, this implementation guidance is considered mandatory. integral to the standard. not...
-
Your income was $25,000 in 2009 and $25,500 in 2010. The CPI was 217.2 in 2009 and 220.2 in 2010. This means that a. Your real income has fallen. b. Your real income has risen. c. Your real income...
-
Which of the companies has the lowest accounts receivable turnover in the year 20X2? a. Company A. b. Company B. c. Company C. d. CompanyD. 20X1 20X2 Credit Sales Average Receivables Balance $1.0...
-
The manager at a water park constructed the following frequency distribution to summarize attendance for 60 days in July and August. Attendance ......Frequency 1,000 up to 1,250 ..... 5 1,250 up to...
-
The National Sporting Goods Association (NSGA) conducted a survey of the ages of individuals that purchased skateboarding footwear. The ages of this survey are summarized in the following relative...
-
The following table shows the annual returns (in percent) for two of Putnams mutual funds: the Voyager Growth Fund and the George Putnam Fund of Boston. a. Calculate and interpret the covariance. b....
-
Use the failure probability and consequence scores shown in the table to determine the risk factor for the project. Maturity 0.2 Cost 0.5 Complexity 0.5 Schedule 0.1 Dependency 0.4 Reliability 0.2...
-
Heidi, age 61, has contributed $20,000 in total to her Roth 401(k) account over a six-year period. When her account was worth $50,000 and Heidi was in desperate need of cash, Heidi received a $30,000...
-
The liability for preferred dividends declared is recorded on the date of record. 1 point True False
Study smarter with the SolutionInn App