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Suppose Y is the daily revenue for some company, where E(Y) = $10,000 and Var(Y) = $^2 540,000 and ?y = $734.85.
a) If Y is normally distributed find P(Y ? $11000).
b) If Y is triangularly distributed with ? = $6000 and ? = $12000 find P(Y ? $11000).
c) If Y is uniformly distributed with ? = $6000 and ? = $12000 find P(Y ? $11000).
d) If Y is a gamma random variable find P(Y ? $11000).
e) If Y is lognormally distributed find P(Y ? $11000).
Use differential to approximate square root of 16.3
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