Ri = 4 with probability 0.5, Ri = 0.25 with probability 0.5. Find the probability that P50

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Ri = 4 with probability 0.5, Ri = 0.25 with probability 0.5. Find the probability that P50 lies between 1 and 10000.
In a population growing by reproduction, the logarithm of population size can be approximated using the normal distribution and the Central Limit Theorem. Consider populations growing for the given number of years with the given distribution for the random variable R giving per capita production. Find the probability that the population size Pt lies in the given range assuming that P0 = 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...
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