CFA Practice Question

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CFA Practice Question

Which of the following is (are) false regarding the normal curve?

I. The smaller the standard deviation, the steeper the bell curve.
II. The mean locates the axis of symmetry.
III. Total area under the curve is one, with 0.5 area to either side of the mean.
IV. The mean is greater than the mode.
Correct Answer: IV

User Contributed Comments 3

User Comment
rt2007 4 normal distribution mean=median=mode
johntan1979 For I, it is referring to leptokurtic kurtosis.

Formula is Sum of(x - mean)^4 / n(std dev)^4

The smaller the std dev, the larger the kurtosis (>3)
Seancfa1 Thank-you Johntan
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