CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

If a distribution is skewed heavily right or left, which of the following statistics should not be used as a measure of central tendency?

A. mode
B. mean
C. median
Correct Answer: B

The mean is affected severely by outliers and therefore should not be used as a measure of central tendency with skewed distributions.

User Contributed Comments 1

User Comment
viannie The mean is just distorted by the extremities!
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