CFA Practice Question

CFA Practice Question

Which of the following is least likely to be true for a positively skewed distribution?
A. The mean will be greater than the median and the median will be greater than the mode.
B. The mean will be greater than the median and the mean will be greater than the mode.
C. The mode will be greater than the median and the mean will be greater than the median.
Explanation: Note that this question says least likely!!

A positivly skewed distribution is one with a long tail to the right hand side, that is there is a small probability of a very high value.

For a postively skewed distribution mean>median>mode

User Contributed Comments 1

User Comment
dipu617 yeah.... "least likely" .... they got me again!!!
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