If X is a random variable with a lognormal distribution then

If X is a random variable with a lognormal distribution, then: (a) The mean of X is always greater than the median. (b) The mean of X is always less than the median. (c) The mean may be greater than, less than, or equal to the median, depending on the value of . (d) None of the above.

Solution

If X is a random variable with a lognormal distribution, then(c) The mean may be greater than, less than, or equal to the median, depending on the value of