Let X 1 , X 2 ,..., X be a random sample from a distribution that can

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Let X1, X2,..., X be a random sample from a distribution that can take on only positive values. Use the central limit theorem to produce an argument that if n is sufficiently large, then Y = X1X2-- • Xn has approximately a lognormal distribution.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Probability & Statistics For Engineers & Scientists

ISBN: 9780130415295

7th Edition

Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying

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