Module test: Probability and statistics for investors
Check what you have learned in Probability and statistics for investors. The questions cover these goals:
- Calculate an expected value and explain why a positive expected value does not guarantee a good outcome.
- Calculate a mean, median and standard deviation and explain what volatility measures.
- Interpret correlation and explain why correlation does not show causation.
- Spot misleading statistics and charts, such as cherry-picked periods and truncated axes.
How this test works
- 10 questions, picked at random from a bank of 32. Each attempt mixes easy, medium and harder questions across the module's learning goals.
- One question at a time. You can go back, change answers, and jump to any question before you submit.
- No time limit. Your answers are saved in this browser as you go, so a refresh will not lose them.
- You pass with 80% or more. Your best attempt earns XP: 5 for each right answer and 50 more for a pass. Every answer is explained afterwards, and you can retake with fresh questions.
Prefer to see each answer straight away? Practise this module instead
Test results are a learning aid, kept only in your browser. They are not a certificate or proof of knowledge.