CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become ______.
A. 21
B. 24
C. This cannot be determined without additional information.
Explanation: Median is not sensitive to the relative magnitude of the scores; it is determined by their rank ordering, which is not affected by this change.

User Contributed Comments 5

User Comment
vikramarjuna What if all the values are equal and they are equal to 21..then the median will be 24..i think C is correct
lighty0770 agree with vikramarjuna
Marinov You are not correct because if all scores were equal there would be no "highest" score.
Lambo83 if there are 6 scores in the original distribution and then another score (the highest score) then the number of observations increases to 7 so the median would change, albeit, by a small amount. C is correct
Dabuya @Lambo83: but the number of scores is still 6, not 7.
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