Regarding Continuous Probability Distributions, Which Statement Is Incorrect

question 31

Multiple Choice

Regarding continuous probability distributions, which statement is incorrect?

• A)The triangular distribution may be skewed left or right.
• B)The uniform distribution is never skewed.
• C)The normal distribution is sometimes skewed.
• D)The exponential distribution is always skewed right.

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Definitions:

Repayment Of Principal

Repayment of principal is the process of paying back the original amount borrowed in a loan, separate from interest payments.

Time Lines

Graphical representations showing a line that marks important events in chronological order along specific dates.

Cash Flows

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Annuities

Financial products that guarantee a fixed or variable stream of payments over time, often used for retirement savings or to generate steady income during retirement.