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21. Which of the following is description of distribution which has fatter tails than normal distribution at given level of variance? A. Positive Excess Kurtosis

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21. Which of the following is description of distribution which has fatter tails than normal distribution at given level of variance? A. Positive Excess Kurtosis B. Negative Excess Kurtosis C. Positive skew-ness D. Negative skew-ness 22. Following data has been collected regarding rate of returns. The mean return is 15% with lower limit of 10 % and higher limit of 18%, the distribution is, A. Positively Skewed B. Normal C. Negatively skewed D. Abnormal 23. There is chance of larger profit and larger loss, which of the following about distribution is definitely true? A. Positively Skewed B. Negatively skewed C. Leptokurtic D. Platy kurtic Please answer all

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