Calculate and interpret measures of central tendency.
The arithmetic mean is the average:
Population mean and sample mean are examples of arithmetic means.
The geometric mean is used to find a compound growth rate:
The weighted mean weights each value according to its influence:
Calculate and interpret measures of central tendency.
The harmonic mean can be used to find an average purchase price, such as
dollars per share for equal periodic investments:
The median is the midpoint of a data set when the data are arranged from
largest to smallest.
The mode of a data set is the value that occurs most frequently.
Your Progress: 13 of 23
Whether using the physical cards out or accessing them on your mobile device, CFA Level I Flashcards are a quick and easy way to sort through curriculum topics and prioritize them based on your proficiency level.
Get All 435 Flashcards