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    Statistics
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    Business Statistics
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    Exam 6: Continuous Probability Distributions
  5. Question
    Compute the Mean and Variance of a Lognormal Variable Y
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Compute the Mean and Variance of a Lognormal Variable Y

Question 86

Question 86

Short Answer

Compute the mean and variance of a lognormal variable Y if the mean and the variance of the underlying normal variable are μ = 2; σ2 = 1.8.

Correct Answer:

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a. 18.1741...

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