Which of the following statements is true?
The normal distribution is a good choice when all values within a range are equally likely. | ||
The triangular distribution has a fixed upper and lower bound. | ||
The normal distribution has a fixed upper and lower bound. | ||
The exponential distribution is not useful for describing the time between random events. | ||
The normal distribution describes the number of times an event occurs in a fixed number of trials. |
Expert Answer
Answer
The triangular distribution has a fixed upper and lower bound. Correct option
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The triangular distribution can be cut off at upper and lower bounds. They are not symmetrical distributions with at most likely values but can be skewed at higher or lower values.
The normal distribution has no foxed upper and lower bound.
The normal distribution are symmetrical around the mean only.
The exponential distribution is useful for describing the time between random events.