Suppose that X has a lognormal distribution with parameteres 0 = 8 and w? = 16. Determine the following: a) P(X < 2000) Round your answer to three decimal places (e.g. 98.765). P = i b) P(X > 1500) Round your answer to three decimal places (e.g. 98.765). P = i prohability O 7

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Suppose that X has a lognormal distribution with parameteres 0 = 8 and w?
= 16. Determine the following:
a) P(X < 2000)
Round your answer to three decimal places (e.g. 98.765).
P = i
b) P(X > 1500)
Round your answer to three decimal places (e.g. 98.765).
P = i
prohability O 7
Transcribed Image Text:Suppose that X has a lognormal distribution with parameteres 0 = 8 and w? = 16. Determine the following: a) P(X < 2000) Round your answer to three decimal places (e.g. 98.765). P = i b) P(X > 1500) Round your answer to three decimal places (e.g. 98.765). P = i prohability O 7
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