- CFA Exams
- CFA Level I Exam
- Study Session 2. Quantitative Methods (1)
- Reading 7. Statistical Concepts and Market Returns
- Subject 4. Measures of Center Tendency

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**CFA Practice Question**

Assume that a student received the following grades for the semester: History, B; Statistics, A; Spanish, C; and English, C. History and English are 5-credit-hour courses, Statistics is a 4-credit-hour course and Spanish is a 3-credit-hour course. If 4 grade points are assigned for an A, 3 for a B and 2 for a C, what is the weighted mean for this student's semester grade?

A. 2.88

B. 2.76

C. 3.01

**Explanation:**The student has taken 17 credit hours. The weighted grades for each are: History: 5*3 = 15. English: 5*2 = 10. Statistics: 4*4 = 16. Spanish: 3*2 = 6. When these numbers are added, we have 15 + 10 + 16 + 6 = 47. Mean = 47/17 = 2.76

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**User Contributed Comments**
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User |
Comment |
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nmech1984 |
This question could be epxressed without commas, articles, and propositions to make it more difficult. |