CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Two sets of observations, A and B, each contain 160 observations. The variance of the data in A equals 198.4 and that of the data in B equals 231.9. The two sets have the same mean. Set A has a ______ dispersion and a ______ coefficient of variation.
A. lower; higher
B. lower; lower
C. higher; lower
Explanation: The coefficient of variation equals the standard deviation divided by the mean. Since A and B have the same mean, B has a higher coefficient of variation.

User Contributed Comments 1

User Comment
ksnider variance = dispersion
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