Which of the following is not a characteristic of the lognormal distribution?
A) Some value is the most likely.
B) It is negatively skewed (above the mean more likely).
C) Values cannot fall below zero.
D) Extreme values (high end only) are possible, but rare.
E) All of the answers choices are characteristic of the lognormal distribution.

Question

Quizplus · Accepted Answer

The lognormal distribution is positively skewed, meaning that it has a long tail to the right. This indicates that values above the mean are less likely, not more likely, which contradicts choice B.

Which of the Following Is Not a Characteristic of the Lognormal