THE LEAST ACCURATE STATEMENT ABOUT MEASURES OF DISPERSION FOR A DI...

23. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON VERSIONB QUESTIONS 2014

23. The least accurate statement about measures of dispersion for a distribution is that the:

A.

arithmetic average of the deviations around the mean will be equal to one.

B.

mean absolute deviation will be either less than or equal to the standard deviation.

C.

range provides no information about the shape of the data distribution.