Question
The daily percentage change in an exchange rate is compared to a normal distribution with the same mean and standard deviation. Which of the following
The daily percentage change in an exchange rate is compared to a normal distribution with the same mean and standard deviation. Which of the following is true
Large and small exchange rate moves are more likely than with the normal distribution
Both small and large exchange rate moves are less likely than with the normal distribution
Small exchange rate moves are less likely and large exchange rate moves are more likely than with the normal distribution
Large exchange rate moves are less likely and small exchange rate moves are more likely than with the normal distribution
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