Statement I Exponential probability distribution has the mean = $$\frac{1}{\mu }$$ and variance = $$\frac{1}{{{\mu ^2}}}$$
Statement II The mean, median and mode do not coincide in the normal distribution.
Statement III The binomial distribution is symmetrical for any value of p (probability of success).
A. All the three statements are true
B. All the three statements are false
C. Statement I is true, while Statements II and III are false
D. Statement III is true, while. Statements I and II are false
Answer: Option C
Related Questions on Business Statistics
In statistical analysis, the burden of proof lies traditionally with
A. alternative hypothesis
B. null hypothesis
C. analyst
D. facts
A. Target fixing
B. Markets
C. Business forecasting for products
D. All of the above
A. Statements I and II are true
B. Statement II is true
C. Statements II and III are true
D. Statement III is true
A. Transaction processing
B. Application processing
C. Data processing
D. Information processing

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