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Reading 7: Statistical Concepts and Market Returns - LOS i

Q8. If a distribution is positively skewed:

A)   the mode is greater than the median.

B)   the mode is greater than the mean.

C)   the mean is greater than the median.

Q9. In a positively skewed distribution, what is the order (from lowest value to highest) for the distribution’s mode, mean, and median values?

A)   Mode, median, mean.

B)   Mean, median, mode.

C)   Mode, mean, median.

答案和详解如下:

Q8. If a distribution is positively skewed:

A)   the mode is greater than the median.

B)   the mode is greater than the mean.

C)   the mean is greater than the median.

Correct answer is C)

For a positively skewed distribution, the mode is less than the median, which is less than the mean (the mean is greatest). Remember that investors are attracted to positive skewness because the mean return is greater than the median return.

Q9. In a positively skewed distribution, what is the order (from lowest value to highest) for the distribution’s mode, mean, and median values?

A)   Mode, median, mean.

B)   Mean, median, mode.

C)   Mode, mean, median.

Correct answer is A)

In a positively skewed distribution, the mode is less than the median, which is less than the mean.

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