CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Which of the following statements is incorrect?

A. A standard normal random variable has a variance of 1.0 and is centered at zero.
B. A standard normal random variable has a mode of 1.0.
C. Any normal random variable can be converted to a standard normal distribution.
Correct Answer: B

The mode of a standard normal distribution is 0.0.

User Contributed Comments 3

User Comment
DonAnd mean=median=mode=0
ascruggs92 Almost chose A then remembered that Variance = (Std. Dev.)^2, and the Std. Dev.= 1, and 1^2 = 1
Rachelle3 BELL SHAPED PROVES IT IS ALL EQUAL (mean, mode, median) just adding on from DonAnd = >
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