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Basic Question 4 of 18
For the grouped frequency distribution shown below, which of the following is false?
B. The median is in class #4.
C. The exact value of the minimum cannot be determined.
A. The median is in class #3.
B. The median is in class #4.
C. The exact value of the minimum cannot be determined.
User Contributed Comments 11
| User | Comment |
|---|---|
| haosheng | Is the last choice correct? |
| Nuta | It is correct. You do not know the exact value of the minimum. Whether it 22.5 or 22.454688643. :) Therefore it should NOT be chosen as the answer. |
| Ioannis | Exactly. For all you know the minimum could be 27, repeated 6 times to give the class frequency. |
| ArturW | Could you please help me with my thoughts. Class range = 29. Median is (29+1)/2 = 15th element. Assuming minimum at 22nd, the median hits 22+15 = 37 which is in class no #3. Can't find mistake. |
| 8thlegend | You only need to look at the frequency number and calculate the medium there. |
| hoyleng | how many of this kind of questions during exam? thanks |
| fsammari | Can someone explain how they got A to be the wrong one |
| choas69 | u cant find the median through looking at the numbers, hence you look at the frequencies 1+n/2 dont look at the 1+ its story goes way long before cfa started so memorize it. 1+29 / 2 = 15 which comes to be 15 then just count it until you reach 15 at which class. |
| RTDyer | either A is false or B is false, therefore you don't even need to worry about C |
| kimmykim23 | If you read the explanation provided it states that the median is in class #4, which would mean that the correct answer is B. So the" correct answer A" is a typo. |
| peter2022 | the question asks which is FALSE. @kimmykim23 |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
calculate, interpret, and evaluate measures of central tendency and location to address an investment problem
CFA® 2026 Level I Curriculum, Volume 1, Module 3.