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Chartered Financial Analyst Level 1

Chartered Financial Analyst Level 1

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For a continuous positively skewed unimodal distribution, which of the following statements is correct?

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Explanation:

In a continuous positively skewed unimodal distribution, the mode is the smallest value, followed by the median, and the mean is the largest. This is because the positive skewness pulls the mean to the right, making it greater than the median and mode. Therefore, option A is correct as it accurately describes the relationship between the mode, median, and mean in such a distribution.

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