Solve all parts kindly in 30 mij and take a thumb up (c) The mean and variance of X.Mean =(Round your answer to 2 decimal places.)Variance =(Round your answer to the nearestinteger.) Suppose that X has a lognormaldistribution with parameters 0 = 0 and@²4. Determine the following.(a) P(17 < X < 60) =(Round your answer to 4 decimal places.)(b) The value for x such thatP(X < x) = 0.05.X =i(Round your answer to 4 decimal places.)

Answered: (c) The mean and variance of X. Mean =…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...

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(c) The mean and variance of X. Mean = i (Round your answer to 2 decimal places.) Variance = i (Round your answer to the nearest integer.)