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Exam ICWIM Topic 1 Question 168 Discussion

Actual exam question for CISI's ICWIM exam
Question #: 168
Topic #: 1
Last year's monthly returns for Portfolio A were 7%, 5%, -3%, 5%, 9%, 0%, 3%, 6%, -7%, -8%, 5%, 1%.
What was the portfolio's modal rate of return to the nearest whole percentage point?

Suggested Answer: D Vote an answer

* Understanding Modal Rate of Return:
* The mode is the most frequently occurring value in a dataset.
* Portfolio A's monthly returns:7%, 5%, -3%, 5%, 9%, 0%, 3%, 6%, -7%, -8%, 5%, 1%.
* 5%appearsthree times, more than any other value.
* Elimination of Other Options:
* No other return appears more than once.
References:
* ICWIM Module 3: Statistical measures in portfolio performance.

by Maxwell at Feb 14, 2025, 07:28 AM

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Here are all the actual test exam dumps for IT exams. Most people prepare for the actual exams with our test dumps to pass their exams. So it's critical to choose and actual test pdf to succeed.

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