- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 2. Organizing, Visualizing, and Describing Data
- Subject 10. Interpret Skewness
CFA Practice Question
In a frequency distribution of 250 scores, the mean is reported as 78 and the median as 65. One would expect this distribution to be ______.
B. negatively skewed
C. symmetrical but not rectangular or normal
D. normal
E. rectangular
A. positively skewed
B. negatively skewed
C. symmetrical but not rectangular or normal
D. normal
E. rectangular
Correct Answer: A
In a positively skewed distribution the mean is greater than the median, while in a negatively skewed distribution the mean is less than the median. In a symmetrical distribution the mean is equal to the median.
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