Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Statistics 5. Now let us consider a LogNormal distribution. We say that X is a LogNormal r.v. with parameters u and a2, denoted by X

Statistics

image text in transcribed
5. Now let us consider a LogNormal distribution. We say that X is a LogNormal r.v. with parameters u and a2, denoted by X N log N (,u, 02), if X can be represented by 61', i.e., X = 6", where Y ~ N (a, 02). Its probability density function is given by f(~\"6) = 1 illoggxgEgz e 2:2 for a: E (0,00). ma 2% LogNormal does not mean \"log of a Normal\

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Advanced Accounting In Canada

Authors: Hilton Murray, Herauf Darrell

7th Edition

1259066487, 978-1259066481

Students also viewed these Mathematics questions

Question

How does an applicant apply?

Answered: 1 week ago