Exam (elaborations)
CFA Level 1 Questions And Correct Answer.
- Course
- Institution
2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - correct answer Arithmetic Mean: To estimate next year's return Geometr...
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