CFA Practice Question

CFA Practice Question

Which of the following is false?
A. A log-normal distribution is a probability distribution of a random variable whose logarithm is normally distributed.
B. A random variable with lognormal distribution can take negative values.
C. A standard normal distribution is a bell shaped symmetric distribution with a mean zero and standard deviation 1.
Explanation: Lognormal distribution can have only positive values (which makes it useful for modeling prices).

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