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 above are characteristic of the lognormal distribution

Question

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 above are characteristic of the lognormal distribution

Quizplus · Accepted Answer

The lognormal distribution is positively skewed, meaning that it has a long tail on the right side (above the mean less likely).

Which of the Following Is Not a Characteristic of the Lognormal