Derive the probability density function for a lognormal random variable Y from the relationship that Y =
Question:
Derive the probability density function for a lognormal random variable Y from the relationship that Y = exp(W) for a normal random variable W with mean θ and variance ω2.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
Substituting J in f Y y a...View the full answer
Answered By
Ajeet Singh
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
4+ Reviews
24+ Question Solved
Related Book For
Applied Statistics And Probability For Engineers
ISBN: 9781118539712
6th Edition
Authors: Douglas C. Montgomery, George C. Runger
Question Posted:
Students also viewed these Mathematics questions
-
Derive the probability density function of a lognormal random variable from the derivative of the cumulative distribution function.
-
Let f(x) be the probability density function for the lifetime of a manufacturer's highest quality car tire, where is measured in miles. Explain the meaning of each integral. a. b. 40,000 f(x) dx...
-
Suppose f(x) is the probability density function for the weight of a female college student, where is measured in pounds. (a) What is the meaning of the integral (b) Write an expression for the mean...
-
Which of the following variable types can be used in a switch statement under some circumstances? (Choose three.) A. An enumerated type B. StringBuilder C. Byte D. Double E. var F. Exception.
-
Answer the Challenge problem using calculus. (This comparative statics problem is difficult because you will need to solve two or three equations simultaneously, and hence you may need to use matrix...
-
In this chapter we used an example of the time taken for 21 heavy smokers to fall off a treadmill at the fastest setting (18, 16, 18, 24, 23, 22, 22, 23, 26, 29, 32, 34, 34, 36, 36, 43, 42, 49, 46,...
-
To identify the different kinds of e-business models that have emerged. LO.1
-
The Terminus Hotel, a 200-room facility located in a medieval city in Southern Spain. As consequence of poor management and old-fashioned interior design. the hotel experienced slumping demand since...
-
14. Compute the accrued interest (using bankers' interest) on the merchandise orders in Exam Figure A. What is the first month's interest for the order dated 9/8? O AS54.26 O B. S51.49 O C. S51.90 O...
-
Consider the following network of five hosts (h1 to h5), five Openflow switches (s1 to s5) and SDN controller c1. The black solid lines indicate physical links between devices, and the orange dashed...
-
An aircraft is flying at a constant altitude with velocity magnitude r 1 (relative to the air) and angle 1 (in a two-dimensional coordinate system). The magnitude and direction of the wind are r 2...
-
The computational time of a statistical analysis applied to a data set can sometimes increase with the square of N, the number of rows of data. Suppose that for a particular algorithm, the...
-
Go to the books companion website and use information found there to answer the following questions related to The Coca-Cola Company and PepsiCo, Inc. (a) What type of income format(s) is used by...
-
Q1. (a) Name the types of reactions that organic compounds undergo (b) Differentiate between (i) electrophile and nucleophile
-
CH4 Br, Ligtht Q2. (a) CH3Br + HBr Propose a mechanism for the reaction; indicating initiation, propagation and termination.
-
Q4. Complete the following reactions by drawing the structure(s) of the product(s) formed.
-
1. Why did the Iconoclast emperors believe that using images in worship was wrong? 2. How are recent examples of iconoclasm similar to those of the early medieval period? 3. Why is iconoclasm a...
-
1. Difference Between Essential and Non-Essential Nutrients 2. what is Conditionally Essential Nutrients? explain with examples
-
Use the error formulas in Theorem 8.6 to estimate the errors in approximating the integral, with n = 4, using (a) The Trapezoidal Rule and (b) Simpsons Rule. THEOREM 8.6 Errors in the Trapezoidal...
-
As indicated by mutual fund flows, investors tend to beat the market seek safety invest in last year's winner invest in last years loser
-
Use methods of linear-regression analysis to assess whether there are doseresponse relationships with regard to biliary and pancreatic pH levels. Perform separate analyses for each of the four active...
-
Use methods of linear-regression analysis to assess whether there are doseresponse relationships with regard to biliary and pancreatic secretion levels. Perform separate analyses for each of the four...
-
Use regression methods to look at the relationship between level of pulmonary function and other factors (e.g., age, height, and personal smoking) when considered separately and simultaneously....
-
Assignment Title: The Role of Bookkeeping in Business Management and Financial Reporting Objective: Understand the importance of proper bookkeeping procedures in the management of...
-
17) The adjustment that is made to allocate the cost of a building over its expected life is called:A) depreciation expense.B) residual value.C) accumulated depreciation.D) None of the above answers...
-
9) Prepaid Rent is considered to be a(n):A) liability.B) asset.C) contra-asset.D) expense.10) As Prepaid Rent is used, it becomes a(n):A) liability.B) expense. C) contra-asset.D) contra-revenue.11)...
Study smarter with the SolutionInn App