Exam ICWIM Topic 1 Question 211 Discussion

Actual exam question for CISI's ICWIM exam
Question #: 211
Topic #: 1
Measures of Central Tendency include a method whereby a set of numbers are multiplied and then the nth root of the resulting product is taken. This is known as the:

Suggested Answer: B Vote an answer

The geometric mean is calculated using the formula:
A math equation with numbers and symbols AI-generated content may be incorrect.

Used in Finance: The geometric mean is crucial in measuring compound returns over time.
* More Accurate for Investments: It accounts for volatility in investment returns.
# Reference: CFA Institute, CISI Wealth & Investment Management (Quantitative Methods).

by Merle at Mar 12, 2026, 07:49 AM

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