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pakinam
 one year ago
You simulate a lot of lognorma(5, 1) random variables and take their geometric mean. What will it likely be close to?
e^{5 + 1/2}
5 + 1/2
e^5
5
pakinam
 one year ago
You simulate a lot of lognorma(5, 1) random variables and take their geometric mean. What will it likely be close to? e^{5 + 1/2} 5 + 1/2 e^5 5

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billchenxi
 one year ago
Best ResponseYou've already chosen the best response.0e^5, since 5 is the normal mean, and since you have to log it, you need to exp it back.
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