CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

A sample mean possesses all of the following properties EXCEPT ______.
A. consistency and efficiency
B. unbiasedness
C. symmetry
Explanation: The distribution of sample means may not be symmetrical, especially for small sample sizes.

User Contributed Comments 1

User Comment
sbajaj Can the sample mean not be biased depending on the quality of the sample selected and in any case, isn't the mean affected greatly by extreme values?
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