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Suppose that X_1, . . . ,X_n Is a random sample from a lognormal distribution. Construct a 95% confidence interval for the parameter . Use

Suppose that X_1, . . . ,X_n Is a random sample from a lognormal distribution. Construct a 95% confidence interval for the parameter . Use a Monte Carlo method to obtain an empirical estimate of the confidence level when data is generated from standard lognormal.

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