Which of the Following Statements Is True of a Triangular

question 50

Multiple Choice

Which of the following statements is true of a triangular distribution?

• A) We are required to know only the smallest and largest possible values that the variable might assume.
• B) These distributions depend on multiple parameters that one can easily identify based on managerial knowledge and judgment.
• C) The distribution has a limited range and can be skewed in either direction.
• D) The distribution is very positively skewed, with no negative values.

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Bank Loan

A bank loan is a sum of money lent by a bank to a borrower at an agreed interest rate and repayment schedule.

Promissory Note

A written promise to pay a specified sum of money to a designated person or bearer at a fixed or determinable future time.

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