Answer: It exhibits asymmetry.

The lognormal distribution is bounded below by zero and is skewed to the right (asymmetrical), which distinguishes it from a normal distribution. While the lognormal distribution is derived from a normal distribution, its mean is not the same as the mean of the associated normal distribution. This distribution is often used to model asset prices due to its property of being bounded below by zero, making it suitable for representing non-negative financial variables.

Author: LeetQuiz Editorial Team