Sppose y is the daily revenue for some company where ey

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Reference no: EM13616360

Suppose Y is the daily revenue for some company, where E(Y) = $10,000 and Var(Y) =540,000 and = $734.85

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

b) If Y is triangularly distributed with alfa = $6k and beta = $12k find P(Y >=11000).

c) If Y is uniformly distributed with alfa = $6k and beta = $12k 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).

Reference no: EM13616360

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