Which of the Following Is not a Characteristic of the Triangular

question 66

Multiple Choice

Which of the following is not a characteristic of the triangular distribution?

• A) Some value is the most likely.
• B) Values close to the most likely value are more common.
• C) The most likely value is the mean.
• D) It can be asymmetric.
• E) It has a fixed upper and lower bound.

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Definitions:

Transaction Costs

Expenses incurred when buying or selling securities, including broker fees and spreads.

Theorem

A theorem is a statement or proposition that has been proven on the basis of previously established statements, such as axioms or other theorems, in the context of mathematics or logic.

Prices

The monetary value assigned to goods, services, or assets in a market, which can be influenced by supply and demand dynamics, production costs, and external market conditions.

Exercise Price

The cost that an option holder is allowed to pay to acquire (if it's a call option) or dispose of (if it's a put option) the base security or commodity.