Question: Suppose X has a lognormal distribution with param- eters 10 and 16. Determine the following: (a) P(X <2000) (b) PX > 1500) (c) value exceeded
Suppose X has a lognormal distribution with param- eters 10 and 16.
Determine the following:
(a) P(X <2000)
(b) PX > 1500)
(c) value exceeded with probability 0.7
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