- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 3. Statistical Measures of Asset Returns
- Subject 3. Measures of Shape of a Distribution
CFA Practice Question
A positively skewed distribution ______.
A. is skewed to the right
B. has fat tails and a large variance
C. is skewed to the left
Explanation: In a positively skewed distribution, small values are more common than correspondingly large values. This skews the distribution to the right, moving the mean to the right of the median.
User Contributed Comments 2
| User | Comment |
|---|---|
| danlan | Is it called skewed to the right? |
| danlan | Skewed to the right since there is a long tail on right side. |