Sppose y is the daily revenue for some company where ey

Assignment Help Basic Statistics

Suppose Y is the daily revenue for some company, where E(Y) = $10,000 and

Var(Y) = ($^2)540,000 and sigmay = $734.85.

a) If Y is normally distributed find P(Y ? $11000).

b) If Y is triangularly distributed with alpha = $6000 and beta = $12000 find P(Y ? $11000).

c) If Y is uniformly distributed with alpha = $6000 and beta = $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).

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