- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 2. Organizing, Visualizing, and Describing Data
- Subject 8. Measures of Dispersion

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**CFA Practice Question**

You are examining the market prices of precious metals. The current prices per ounce are 433, 565, 20, 0.005, and 50. What is the range of precious metal prices?

B. 432.995

C. 564.995

A. 19.995

B. 432.995

C. 564.995

Correct Answer: C

The range = the maximum value - the minimum value. Here, we have 565 - 0.005 = 564.995.

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**User Contributed Comments**
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User |
Comment |
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Rachelle3 |
biggest minus smallest! |