schweser practice exam quantquestion (exam1,PM,q#21) account, practice, positive

yalo

which of the followingstatements about return distributions is least likely correct?
a. if skew 0 =mean median
b. if skew 0 =average magnitude of positive deviations from the mean is larger than the average magnitude of negative deviations from the mean.
c. if kurtosis 3 & the analyst uses statistical models that do not account for the fatter tails, the analyst will overestimate the likelihood of very bad or very good outcomes.
correct answer is c (is not correct). c should read ” … UNDERestimate the likelihood …”
but then, why is b correct?