Let Y have the lognormal distribution with mean 82.8 and variance 156.25. Compute the following probabilities. a.

Question:

Let Y have the lognormal distribution with mean 82.8 and variance 156.25. Compute the following probabilities.

a. P (Y > 100)

b. P (80 < Y < 100)

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...