CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Which of the following statements about a normal distribution is the LEAST ACCURATE? A normal distribution ______.

A. has an excess kurtosis of 3
B. is completely described by two parameters
C. can be the linear combination of two or more normal random variables
Correct Answer: A

A normal distribution has a kurtosis of 3. Its excess kurtosis (kurtosis - 3.0) equals zero.

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Rachelle3 think of the PEAKS!
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