What is the probability of a water shortage in the city

Reference no: EM13324075

during the next month, the amount of water available for a city is lognormally distributed with a mean of 1 million gallons and a c.o.v. of 40%, where as the total demand is expected to follow a lognormal distribution with a mean of 1.5 million gallons with a c.o.v. of 10%.

What is the probability of a water shortage in this city over the next month?

Reference no: EM13324075

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