Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. let y = ex where x is normally distributed with Î

Let Y = ex where X is normally distributed with μ = 1.2 and σ =...

70.2K

Verified Solution

Question

Statistics

Let Y = ex where X isnormally distributed with μ = 1.2 and σ = 0.5.Compute the following values. [You may find it useful toreference the z table.]

a. Compute P(Y ≤ 9.6).(Round your intermediate calculations to at least 4 decimalplaces, “z” value to 2 decimal places, and final answer to4 decimal places.)


b. Compute P(8.4 < Y <9.7). (Leave no cells blank - be certain to enter \"0\"wherever required. Round your intermediate calculations to at least4 decimal places, “z” value to 2 decimal places, and finalanswer to 4 decimal places.)


c. Compute the 70th percentile of Y.(Round your intermediate calculations to at least 4 decimalplaces, “z” value to 3 decimal places, and final answer tothe nearest whole number.)

Answer & Explanation Solved by verified expert
4.0 Ratings (401 Votes)
a PY 96 now taking log to the base e on both sides we get Pr X ln96 Pr X 22618    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Prove the following equivalences without using truth tables, and specify at each step of your proof...

Statistics
1.2K views

Describe fixed point and point pattern spatial data. What is being measured in each type of...

Medical Sciences
1.2K views

The immune system interacts with all other physiological systems, but has specific connection to the nervous and...

Physics
1.2K views

I need the steps for this problem. If a runner (perpendicular area = 0.6 m2; fluid...

Advance Math
1.2K views

MATLAB question The range of a projectile launched at velocity V and angle q is R=2 V2...

Biology
1.2K views

Pakicetus is an ancient wolf like organism that lived 50 million year ago It had...

Physics
1.2K views

1. Weylan is at the county fair playing some of the games. At one booth,...

Physics
1.2K views

A 3.8 kg bird slows from 6.8 m/s to 4.3 m/s while looking for a...

Accounting
1.2K views

Passive category income includes all the following except:A) HTKO (highly taxed income) B) Dividends C)...

Accounting
1.2K views

Rondo Ltd. (RL) is a wholesaler operation, with an active warehouse. Staff at RL have...

Accounting
1.2K views

p1 Exercise 26-3 (Algo) Payback period and unequal cash flows LO...

Accounting
1.2K views

1: Using the trditional approach to assigning overhead costs to academic programs: Predetermined overhead rate:...