Question: Let X , X , , X be a random sample from a distribution that can take on only positive values. Use the Central Limit
Let X , X , …, 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 = X X … X has approximately a lognormal distribution.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
