Which of the Following Is NOT True Regarding the Normal

question 92

Multiple Choice

Which of the following is NOT true regarding the normal distribution?

• A) Mean, median and mode are all equal
• B) It has a single peak
• C) It is symmetrical
• D) The points of the curve meet the X-axis at z = -3 and z = 3
• E) None of the choices are correct

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Definitions:

Triangle Arbitrage

A riskless profit strategy that takes advantage of discrepancies in exchange rates in different markets by conducting a series of conversions among three currencies.

Currency Market

Also known as the foreign exchange market (Forex), it's a decentralized global market where currencies are traded, determining the foreign exchange rates for every currency.

Equilibrium

A state where market supply and demand balance each other, and as a result, prices become stable.

Direct Exchange Rate

The amount of domestic currency required to buy one unit of a foreign currency.