CFA Practice Question

There are 294 practice questions for this study session.

CFA Practice Question

The scores that have the greatest effect on the value of the variance are those ______.
A. below the mean
B. nearest the mean
C. farthest from the mean

User Contributed Comments 2

User Comment
soukhov why not below?
bidisha It depends on farthest DISTANCE from the mean. Which can be above OR below. Like if the mean is 20 it is effected more by say a 1000 than 50. It doesn't mateer if its a -1000 or 1000. It's pulled more by extreme figures.
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