=+Similarly, it can be shown that products of independent positive random variables tend to have lognormal distributions.

Question:

=+Similarly, it can be shown that products of independent positive random variables tend to have lognormal distributions. Recall from Section 1.5 that a random variable x is said to have a lognormal distribution with parameters  and  if the random variable y 5 ln(x) is normal with mean 

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Applied Statistics For Engineers And Scientists

ISBN: 9781133111368

3rd Edition

Authors: Jay L. Devore, Nicholas R. Farnum, Jimmy A. Doi

Question Posted: