Losses have a lognormal distribution with u = 6.9078 and o = 1.5174. Determine the percentage increase in the number of losses that exceed 1,000 if all losses are increased by 10%. A 3.80% B 4.20% 4.52% 4.78% E 5.10%

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
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Losses have a lognormal distribution with u = 6.9078 and o =
1.5174.
Determine the percentage increase in the number of losses that exceed 1,000 if all losses are
increased by 10%.
A
3.80%
В
4.20%
4.52%
4.78%
E
5.10%
REPOR
Transcribed Image Text:Losses have a lognormal distribution with u = 6.9078 and o = 1.5174. Determine the percentage increase in the number of losses that exceed 1,000 if all losses are increased by 10%. A 3.80% В 4.20% 4.52% 4.78% E 5.10% REPOR
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