CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

The least accurate statement about measures of dispersion for a distribution is that the ______
A. arithmetic average of the deviations around the mean will always be equal to one.
B. mean absolute deviation will always be less than or equal to the standard deviation.
C. range provides no information about the shape of the data distribution.
Explanation: The arithmetic average of the deviations around the mean will always equal zero, not one.

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