Financial Risk Manager Part 2
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Ultimate access to all questions.
Consider the following QQ plot:
[Image blocked: QQ Plot for Q-10]
Which is the most likely true statement about the QQ plot?
A
The empirical distribution is actually parametric.
B
The empirical distribution has positive skew.
C
The empirical distribution has leptokurtosis (Excess kurtosis > 0)
D
If we perform a linear transformation of location and scale, the distribution is approximately normal.