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Statement I Exponential probability distribution has the mean = frac 1...

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Business Statistics
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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).

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Correct Answer: Option C
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