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This problem is from a Loss Models Class. Let X be a normal distribution with parameters mean =1 and variance =4. Define the random variable
This problem is from a Loss Models Class.
Let X be a normal distribution with parameters mean =1 and variance =4. Define the random variable Y = e^X.
- Find E(Y)
- The 95th percentile of the standard normal distribution is 1.645. Find the 95th percentile of Y.
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Statistical Reasoning For Everyday Life
Authors: Jeff Bennett, William Briggs, Mario Triola
5th Edition
9780134494043
