Mistake on CFAI site or am I wrong?
The annual returns for three portfolios are shown in the following table. Portfolios P and R were created in 2009, Portfolio Q in 2010.
Annual Portfolio Returns (%)
Q. The median annual return from portfolio creation to 2013 for:
a.Portfolio P is 4.5%.
b.Portfolio Q is 4.0%.
c.Portfolio R is higher than its arithmetic mean annual return.
C is correct. The median of Portfolio R is 0.8% higher than the mean for Portfolio R.
Im getting a Mean of 2.2 & Median of 4 …. 4 - 2.2 = 1.8
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