Let the lifetime of a new Jet Ski be represented by a lognormal variable, Y = e^Xwhere X is normally distributed. Let the mean of the lifetime of the Jet Ski be six years with a standard deviation of three years. What proportion of the Jet Skis will last less than seven years? A) 0.2877 B) 0.3707 C) 0.6293 D) 0.7131

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The Answer of Let the lifetime of a new Jet Ski be represented by a lognormal variable, Y = e^Xwhere X is normally distributed. Let the mean of the lifetime of the Jet Ski be six years with a standard deviation of three years. What proportion of the Jet Skis will last less than seven years? A) 0.2877 B) 0.3707 C) 0.6293 D) 0.7131

Let the Lifetime of a New Jet Ski Be Represented