23. As the t-distributions degrees of freedom decrease, the t-distribution most likely: A. exhibits tails that become

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23. As the t-distribution’s degrees of freedom decrease, the t-distribution most likely:

A. exhibits tails that become fatter.

B. approaches a standard normal distribution.

C. becomes asymmetrically distributed around its mean value.

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Quantitative Investment Analysis

ISBN: 9781119743620

4th Edition

Authors: CFA Institute

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Question Posted: Oct 28, 2024 03:01 AM

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23. As the t-distributions degrees of freedom decrease, the t-distribution most likely: A. exhibits tails that become

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Quantitative Investment Analysis

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