For a variable distributed log-normally with θ=6, ω=1.2; what is the probability that the variable exceeds a value of 500?
For a variable distributed log-normally with θ=6, ω=1.2; what is the probability that the variable exceeds a value of 500? Correct Answer 0.4290
For a lognormal distribution, P=1-P=1-P Putting the values of θ and ω we get, P=0.4290.
