The median home price in a town is $100,000 with a COV of 0.2. Assuming a lognormal

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The median home price in a town is $100,000 with a COV of 0.2. Assuming a lognormal probability distribution, find the fraction of the homes with a price greater than $125,000.

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Probability Statistics And Reliability For Engineers And Scientists

ISBN: 9781439809518

3rd Edition

Authors: Bilal M. Ayyub, Richard H. McCuen

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Question Posted: Sep 19, 2024 02:27 PM

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The median home price in a town is $100,000 with a COV of 0.2. Assuming a lognormal probability distribution, find the fraction of the homes with a price greater than $125,000.
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The median home price in a town is $100,000 with a COV of 0.2. Assuming a lognormal

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Probability Statistics And Reliability For Engineers And Scientists

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